Bit_Happy
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A Great Time to Start Something!
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March 15, 2014, 04:47:44 AM |
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There are 180 digital currencies already in existence, Sloves said, with about six major ones. Bitcoin is the largest, but he said the new platform will trade others as well. He called it a “disruptive” innovation, with the same potential to remake business as did the Internet in the 1990s, by offering real-time transfers of assets both for investors and e-commerce companies - who will pay much smaller fees than those charged by current online pay services like Paypal. “We expect over the next five years at least a fivefold increase in commission dollars generated from just U.S.-dominated bitcoin,” Sloves said, further predicting that commissions would exceed $1 billion.
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