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BTC: Set to become part of the financial tapestry
One of the tests for the longevity of Bitcoin’s long term viability is how usable is it? The more places that BTC can be used the more point there is in owning BTC. In short, BTC needs to go from the realm of ‘techno-savvy only’ to ‘Mr & Mrs Smith’. That tipping point looks like it is about to be reached. The news that helped push it over the edge was the news that Amazon might be about to start accepting BTC payments. People may be able to use BTC to buy things on Amazon. That is big news. This builds on a number of important news stories. Ecuador has made Bitcoin level tender and citizens have been ... (full story)
