“I really like Bitcoin. I own Bitcoins. It’s a store of value, a distributed ledger. It’s a great place to put assets, especially in places like Argentina with 40 percent inflation, where $1 today is worth 60 cents in a year, and a government’s currency does not hold value. It’s also a good investment vehicle if you have an appetite for risk. But it won’t be a currency until volatility slows down.”
- David Marcus, CEO of Paypal
I agree! Bitcoin is a great store of value, however it will not be used as a currency in the near future. But then again, other cryptocurrencies might be a solution for this.
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Great quote.
It certainly does appear that the people from the technology world understand bitcoin and how big it will be. So far, the masses are completely clueless yet they will be awakened. Wall Street is already getting on board with a number of hedge funds opening up focusing upon crypto. Hence, the wealthy are starting to get after it.
BTC's store of value is only going to grow in my opinion. Lots of big money going to chase this.
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