[2014-12-21] WSJ: Why Bitcoin’s Erratic Price Doesn’t Matter

[panju1]

Why Bitcoin’s Erratic Price Doesn’t Matter

http://blogs.wsj.com/moneybeat/2014/12/21/why-bitcoins-erratic-price-doesnt-matter/

Bitcoin prices have dropped almost 60% since January, outpacing the Russian ruble. Critics say that’s proof digital currency has failed.
Ignore them. Bitcoin’s price is irrelevant to the key question of whether the underlying technology will disrupt finance.  There are many signs it will.