Significance of GMO's Bitcoin Payroll

[kollis]

Significance of GMO's Bitcoin Payroll

At present, bitcoin is broadly received and perceived as a powerful store of significant worth and oversight safe cash. The greater part of bitcoin holders use the digital money to store or exchange their riches. In that capacity, a few experts including JPMorgan strategist Nikolaos Panigirtzoglou and ACG Analytics strategist Larry McDonald noticed that bitcoin is as of now entering into the multi trillion dollar market of gold.

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[soham]

The recent news of GMO payroll offer to its employees will have a positive impact on bitcoin market. Not very significant but it is a feelgood news. The last quarter of 2017 has been crazy ride for bitcoin and it is very interesting and satisfying to see that more and more companies and coming ahead to embrace crypto. We have seen crypto investment product rolled out by a big corporate and now we are seeing a big corporate offering salary in crypto currency. It lightens up the road ahead. I am sure we will see many other companies will also open its doors to the crypto market in the coming future.