This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.
| less than a minute read

Bloomberg BRIEF: Bitcoin - What is the Future? TradeBlock has the Data

Bloomberg published an expansive report on the future of bitcoin this week. TradeBlock provided the data and charts and commentary came from the BitGo, Genesis Trading, Xap, Coins.ph, Wedbush Securities and others

Bitcoin introduced a lot of people to the idea of computerized money. Now the digital currency, which set off a minor frenzy when it broke into public consciousness in 2013, is trying to grow up. Novelty has given way to the hard slog of starting and funding new companies, like brokerages and bitcoin storage sites, that can be boring and profitable. Utopian fantasies have subsided as consumers remain largely unconvinced of the value of swapping their cash for bitcoins, or using it to buy goods and services or for transferring money.

Tags

bitcoin, crypto currencies