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Title: global market for the "Use" of Bitcoins Post by: jmmichael93 on April 02, 2013, 08:31:48 AM Have been trying to explain the concept of Bitcoins to some of my family members. This is a typical question I get from them. How would you answer it?
"I am curious relative to the global market for the "Use" of Bitcoins and Litecoins. What major players take this as a form of currency? Is there a dynamic market for the use of these cyber currencies aside from the speculative market that the "mining" community embraces? Interestingly, as it relates to this activity, I am not sure those are even the right questions. It just occurs to me there needs be a strong "use side" for these cyber currencies to maintain a market that is less than highly speculative." |