Don’t Expect Bitcoin to Die Off Anytime Soon

“‘There’s an entire push to legalize virtual currencies while never moving from the fact that they want to be decoupled from the global banking system,’ said Micah Willbrand, director of EMEA risk and payments at Accuity, which provides software ensuring banks meet global compliance standards.  In the future, he said, its benefits might make it a competitive candidate for trade on global stock exchanges, or the currency of choice for big oil companies that make massive international transactions at the cost of high transferring fees.”

http://www.foxbusiness.com/technology/2013/11/11/as-bitcoin-rallies-dont-expect-currency-to-die-off-anytime-soon/

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