WSJ: People Love Talking About Bitcoin More Than Using It

More than eight years after it started, bitcoin reportedly isn’t living up to early hype as the payment system of the future.

As The Wall Street Journal recently reported: “The virtual currency still feels more virtual than real.”

Bitcoin is a virtual currency that can be used to move money around the world quickly and with relative anonymity, without the need for a central authority, such as a bank or government, Reuters reported.

The currency’s anonymity has however made it popular with drug dealers, money launderers and organised crime groups, meaning governments and the financial establishment have been slow to embrace it since the first trade in 2009. The currency’s value hit record levels in 2017, trading at $1,145 on Wednesday, a fivefold increase in a year, amid growing interest globally.

Bitcoin “has failed to emerge as a mainstream payment method among consumers. The Securities and Exchange Commission denied two

admin

admin

Leave a Reply

Recent Posts

Trump Supporters: Get Your 2020 'Keep America Great' Shirts Now!

Are you a proud supporter of President Donald Trump?

If so, you’ll want to grab your 2020 re-election shirt now and be the first on your block to show your support for Trump 2020!

These shirts are going fast so click here to check for availability in your area!

-> CHECK AVAILABILITY HERE


More Popular Stuff for Trump Supporters!

MUST SEE: Full Color Trump Presidential Coin (limited!)

Hilarious Pro Trump 'You are Fake News' Tee Shirt!

[Exclusive] Get Your HUGE Trump 2020 Yard or House Flag!

<