Bitcoin: The Significance of Decentralised Currency
According to Underground Economist Sean Lynch, Bitcoin will never devalue to absolute worthlessness because of its extreme liquidity relative to other currencies - it will always bounce back eventually. Most currencies have two decimal places reserved for 'cents'. Financial institutions generally use four decimal places for accuracy and then round to two places when printing statements.
Crypto currency logos detail
The talk of the town of late has been on Bitcoin's volatility. To which we ask, "Who really expects a 5 year old to be anything but volatile?" Bitcoin is trading like an early stage tech stock because it is first and foremost a technology, much like the Internet. Until companies have built the necessary infrastructure of consumer-friendly services and lawmakers, regulators, and the public are educated, volatility is expected. What this means is that for those that "get" Bitcoin, we are way ahead of the curve. And if you're an investor or entrepreneur, that's exactly where you want to be. Bitcoin is not yet ready for everyone, but with your support, we're getting there. (Detail is in attachments)