What is Bitcoin? | World Economic Forum

English: Official logo of the World Economic F...

English: Official logo of the World Economic Forum. (Photo credit: Wikipedia)

This WEF article is one of the clearest articles I’ve read on Bitcoin. WEF highlight that Bitcoin’s value has soared in recent years. BIt seeks to answer the question, ‘what is it, and what does the future hold for the virtual currency?’

What is Bitcoin? | World Economic Forum

This blog and and my related Twitter Account has a large following interested in technology and technology news, so I’ve decided to take a keen interest in Bitcoin.

Consider the political potential. At the moment, the world’s reserve currency is the US Dollar, giving the US huge geopolitical advantage. Imagine a world without a real currency backed by national governments? Yes, Russia and China are taking a keen interest in Bitcoin.

But remember there are risks.

Thoughts?

 

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