Suddenly, Everybody Loves Bitcoin

in bitcoin •  8 years ago 

Earlier this week, China’s largest mainstream media company People’s Daily defined Bitcoin as digital gold, further validating its legitimacy. Suddenly, investors and mainstream media outlets across the world have started to endorse and adopt Bitcoin.

Bitcoin to replace reserve currencies
In the past month, Bitcoin has received more extensive mainstream media coverage than it did in 2013 when interest in Bitcoin peaked.

Media companies and investment firms in South Korea, India, Australia and Japan have started to discuss the possibility of Bitcoin surpassing the value of certain reserve currencies in the far future as an alternative monetary and financial system.

Read more here: https://cointelegraph.com/news/suddenly-everybody-loves-bitcoin

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Very good post....I hope steem soon too gold :))

Thanks for posting, great news!

One day everybody will love steem. ...and then we, band of brothers, we few, we happy few, will strip our sleeves and show our scars... :D

Lol so true! People only love what the public adopts, but the early investors are the ones who really profited. If you get the chance you should upvote my latest Daily Steemit Vlog! I do vlogs every day here on Steemit every day, Thanks! :) https://steemit.com/steemit/@parkermorris/steemit-daily-vlog-001

Thanks for posting this story. I get a little nervous when some one has the bright idea to use a surging crypto currency as a reserve currency. The business and political interests would want nothing more than hitching their failed ideology to a new transcendent currency. It is a bit unnerving... We will need to keep our eyes on this, and of course make no mistake, the devil will be in the details.