These days, it seems that the peer-to-peer decentralized virtual currency bitcoin needs a shot in the arm because the negative publicity it has garnered over the past month or two. Enter: Sir Richard Branson.
Branson, a billionaire entrepreneur who made headlines late last year after announcing Virgin Galactic would accept bitcoins for space flight, reaffirmed his commitment to the digital currency by calling it “the pioneer of a global currency.”
Speaking in an interview in the April issue of Delta’s SKY Magazine, Branson briefly touched upon the cryptocurrency and labeled its creator as “a genius” for producing bitcoins and creating a technological breakthrough. He did concede, though, that there are some flaws in it, including transparency and that nobody knows who Satoshi Nakamoto is.
“It may not be the perfect global currency of the future yet, but it’s the pioneer of a global currency,” stated Branson.
http://www.pfhub.com/sir-richard-branson-bitcoin-is-the-pioneer-of-a-global-currency-576/....
Whether or not bitcoin will go the way of MySpace or persist as being as dominant as Facebook remains to be seen. Whatever the case, bitcoin will likely be placed in the history books as an important innovation in technology.
Do we really want a global currency
as dominant as Facebook?Welcome to The Brave New-Bit World.