“Bitcoins, the virtual currency that fell by more than half after surging past $1,100 last year, are probably one to three years away from broader adoption that will challenge industries, Wedbush Securities Inc. analysts wrote.  Venture-capital investments in bitcoin businesses have doubled in less than three months, and programmers are bolstering security, the analysts wrote. As bitcoins catch on, they will cut into more than $300 billion in revenue generated by global payments and challenge industries that account for about 20 percent of U.S. gross domestic product, the analysts said.”

http://www.bloomberg.com/news/2014-05-28/bitcoins-to-survive-lull-shake-industries-wedbush-says.html

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