It is little wonder that many perceive bitcoin as a commodity rather than a method of exchange.
Extensive media coverage of the digital currency’s price fluctuations has driven enormous speculative interest. While it has enjoyed relative stability over recent weeks, it remains inherently unstable and vulnerable to speculation.
If this can be addressed, however, it may well turn out to be one of the most transformative technologies we’ve seen in recent years. The internet has been lacking a frictionless payment system since its very inception and digital currency could profoundly change the way industries operate. One that stands to benefit the most is the digital media industry.
February 05, 2014 at 03:39PM
