Former U.S. Mint Director: Bitcoin ‘Likely Here To Stay’

“The next five to 10 years will be critical.  But like how the mobile devices, Internet, cable, television, movies, musicals, operas and symphonies all have found their niches, the same will be with currency. Precious metals like silver and gold will co-exist with coins and bills (necessary if the lights go out or cyber attack), checks and money orders, credit and debit cards, online payments and digital currency.  This technology has the ability to disrupt the status quo and springboard the global economy into the future. It gets sovereign nations out of the currency manipulation business. It may or may not be Bitcoin or its imitators, but chances are likely that digital currency is here to stay.”

http://www.moneynews.com/Ed-Moy/Bitcoin-digital-currency-sovereign/2013/12/20/id/542981

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