Bitcoin is rapidly developing a mainstream presence in the financial markets. However, the analysts are trying to categorize it as an asset, currency and/or commodity. In essence, it is all of these in one. Additionally, Bitcoin is also a brand new peer to peer protocol for financial transactions.
On this basis, Bitcoin is poised to become the disruptive technology of the future that allows for "cloud finance" and the ability to transact business around the world in a common currency without any bank or intermediary in between.
As a result there is extreme skepticism within the banking system as to how Bitcoin will continue to grow.
The video below from Max Keiser begins to explain the future of Bicoin and the next steps required to continue to expand the network
.
On this basis, Bitcoin is poised to become the disruptive technology of the future that allows for "cloud finance" and the ability to transact business around the world in a common currency without any bank or intermediary in between.
As a result there is extreme skepticism within the banking system as to how Bitcoin will continue to grow.
The video below from Max Keiser begins to explain the future of Bicoin and the next steps required to continue to expand the network
.
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