BITCOIN… END OF BANKS?

When you see stories in the main stream media trashing Bitcoin and other cryptocurrencies you know something good is happening. The latest stories are about how the Bitcoin phenomenon is a bubble and how people will get burned.

Obviously this is propaganda and is to be ignored. What’s happening is volitility whilst things settle down. Bitcoin is supposed to be a monetary unit to be used just like money to buy and sell goods and services, but it seems for the moment that it’s being hijacked by Wall Street to make a quick buck or to trash it’s reputation.

In a few years you will pay your employees in Bitcoin and they will pay their bills with it, if that doesn’t happen the banks have won and it’s business as usual.

Interesting times we are living through.