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Topic: RE: "When the speculators flee, what will be left of Bitcoin?" (Read 840 times)

sr. member
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Merit: 250
I'm referring to this article http://www.newstatesman.com/economics/2013/03/when-speculators-flee-what-will-be-left-bitcoin.

I think some media people aren't grasping the bitcoin concept. It's usefulness is probably more apparent to the minority of people who A- see the value of the core technology and B- see the impact bitcoin could have on business.

Writers often drop the line that "bitcoin is useful for Libertarians and criminals". But this is pretty much as true for all forms of currency. Really, I think bitcoin is useful to legitimate entrepreneurs and innovators in many sectors, traders, ALL business, and could even be useful to governments.
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