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Bitcoin Forum > Local > India > Press & News from India > [2015-08-31] ET: Why Wall Street is taking a keen interest in BTC's technology
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polynesia (OP)
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September 02, 2015, 01:51:05 PM
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Why Wall Street is taking a keen interest in bitcoin's technology

http://economictimes.indiatimes.com/news/international/business/why-wall-street-is-taking-a-keen-interest-in-bitcoins-technology/articleshow/48741978.cms

Most people still think of Bitcoin as the virtual currency used by drug dealers and shadowy hackers looking to evade the authorities.

But the innovations that helped turn Bitcoin into the most popular virtual currency are now being viewed as a potentially enormous disruptive force for several industries, including accounting, music and law.

Nowhere, though, are more money and resources being spent on the technology than on Wall Street - the very industry that Bitcoin was created to circumvent.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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September 14, 2015, 02:05:26 AM
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Bitcoin got famous due to high rate conversion for most of the users, that made more famous to bitcoin to spread out from silkroute to end user. After it got famous more users started to work on developments of Bitcoins and almost all of the other Alt coins are related to bitcoins as their source to get famous. all alt coins are converted to bitcoins
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