Why You Shouldn’t Write Off BitCoin Just Yet

“BitCoin poses a pretty substantial challenge to business people: it requires sufficient understanding of computer science to appreciate its elegance and idiosyncrasies but, perhaps more importantly, it requires a sufficient understanding of finance to appreciate it vis a vis other fiat currencies and gold.  Despite this complexity, business leaders are pressured to take a stance on this fledgling techno-currency.  Most have chosen the safe approach writing it off as the latest Ponzi scheme with some even arguing that it will be the largest bubble burst in the history of Ponzi bubbles. I’m afraid I’m not so sure… And here’s why.”

http://www.wired.com/insights/2013/12/why-you-shouldnt-write-off-bitcoin-just-yet/

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