Bitcoin and other cryptocurrencies are making their way to achieve mainstream acceptance. Although different countries have taken different stance on the digital currencies, there is no denying the fact that the cryptocurrency network is growing by leaps and bounds.
In an article on The Hill, Jesse Hathaway, Managing Editor of the Budget & Tax News, writes that by forcing everyone to use the government-backed currency reduces the options available to consumers and that the rise of alternative currencies is an attempt to fill that void.
http://www.econotimes.com/Bitcoin-Altcoins-Serving-Consumers-Better-Than-Fiat-Currencies-143329
