30 Mar '14, 5am

Bitcoin is only getting warmed up ##banking&payments #innovation

Bitcoin is only getting warmed up ##banking&payments #innovation

Bitcoin has been in the news allot lately. Involved in everything from space travel with Virgin Galactic, NFC with Nio Card and even Snoop Dogg ‘s next record. As its’ global awareness grows, so does its appeal. Rumours flew of it had been banned in China, and recently priced by Bank of America. You can even buy a Lamborghini or a new knee with bitcoins. Whether you like it or not, Bitcoin has captured the attention of the globe. Until recent times, bitcoin was only associated with the tech geeks and radicals. Voluntary outcasts of traditional systems and institutions . But as Bank of America puts a fair value of $1300 on bitcoin, the profile of those engaging bitcoins has also changed. So why are people investing in bitcoin today, when it’s trading with volatile fluctuations around the one thousand dollar mark (at the time of writing this), yet it’s been around since 2008...

Full article: http://scottebales.com/bitcoin-just-getting-warmed/

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Bitcoin is only getting warmed up ##banking&amp...

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