Bitcoin Forum

Frank Holmes, chief executive of U.S. Global Investors, the enterprise mostly about investing in natural resources and emerging markets, told his own views on Bitcoin to CNBC, and one can detect a major shift of how some institutional investors now view cryptocurrency in comparison to Jamie Dimon’s infamous “fraud” characterization.

When answering to the question about consumer protection issues, he replied that this reminds him of the 1990s Internet. But Bitcoin, while it does have some issues, has attracted so much people to the power of blockchain that it cannot be called bad, Mr. Holmes insists. He compares this situation to how e-mail services have woken up everybody to the...Read more (https://bitnewstoday.com/news/bitcoin/u-s-global-investors-ceo-millennials-have-different-values-and-it-helps-the-crypto-market/)

See, even the biggest people know of this development. It cannot be denied that Bitcoin has emerged in the market with all legal issues at hand but all these did not stop Bitcoin in penetrating the market. It will not surprise me if one day we just evolve and forget about paper currencies. I can say it is like the birth of the internet in that when it came by, almost all businesses that fall within its umbrella slowly fade away.

The popularity of Bitcoin is undeniable . With the most experience and the major players of the field appreciating and applauding bitcoin , it is inevitable that Bitcoin is not "scam" and certainly not a "bubble" . All the negative comments are from the rookies . The example of "e-mail services" i literally the best way one can spread the message of Bitcoin's positive output . Every new technology or development is questioned and harassed by some set of people with a rigid mentality . Like others , Bitcoin has also survived and the coin base is getting fund raising every single day in huge numbers . That is why Bitcoin is leading all the currencies by $9000 .   

You're a fool if you are still questioning the relevance of bitcoin and cryptocurrency going into 2018. Bitcoin has gone up 900% in a single years so surely this has to mean something. At this point you practically can't call it bad anymore because something that has gone up 900% has to mean something right. Right now big names in the industry are changing their opinions on bitcoin due to the drastic growth and I feel like that will continue to happen as long as bitcoin continues to go up. The problem I had/have with all these CEO's, Chief executives etc. is that 9/10 they spread false or severely incomplete information thus scaring away people to do more research. It's only positive for the ecosystem to see that that's changing.