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Topic: 2013-06-02 Reason.tv: BitcoinStore: A Young Entrepreneur Talks Real World Uses (Read 702 times)

legendary
Activity: 2086
Merit: 1031
Another win for digital currency.

I doubt anyone is going to buy bitcoins after listening to this, but who knows.

I'm excited to see what digital currency will evolve next.

Will it be bitcoin, or another coin, or something the looks completely new?
hero member
Activity: 588
Merit: 500
Quote
"A lot of people think it's basically digital gold because it's so scarce, it holds value well, and you can transfer it instantly," says BitcoinStore.com's Jon Holmquist.

Holmquist sat down with ReasonTV's Tracy Oppenheimer to discuss Bitcoin's practical current uses in the retail market and what the future of an electronic currency supported economy could look like.

"It's a lot cheaper. You don't have to pay the middleman whether it be payment processors, banks, governments," says Holmquist, "it opens up a lot of global trade that can happen."

About 5 minutes.

http://reason.com/reasontv/2013/06/02/bitcoinstorecom-a-young-entrepreneur-tal
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