New Post has been published on Bitcoin:Views
THE QUESTION: IN 10 YEARS' TIME, WILL BITCOIN BE A MAINSTREAM CURRENCY?
1 December 2013 | hispanicbusiness.com
“There is clearly a lot of potential due to the advantages of anonymity, something governments don’t like. It is very well designed. The person that started this clearly knows about economics. It is hard to predict [if it will be around in 10 years] because it depends on the interaction of the behaviour of the market, the technology and governments. I would not want to bet on its value in a year’s time, but I would not want to bet on the value of the dollar either. Though there may be a higher probability that the dollar will be around in a year’s time than Bitcoin.” Ron Smith , professor of applied economics at Birkbeck, University of London “There are a million reasons why Bitcoin is not going to become a mainstream currency. You only need one to be true for it to fail. So I don’t know why exactly it will fail.
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