Monday, July 10, 2017

Wall Street Journal: Bitcoin ‘Need Not Compete With Dollar’ For ‘Respect’

Wall Street Journal: Bitcoin ‘Need Not Compete With Dollar’ For ‘Respect’

The Wall Street Journal has joined the increasing number of mainstream news sites newly bullish on Bitcoin.


In an article Monday, Northwestern University law professor John O. McGinnis led a buoyant appraisal of the virtual currency’s potential versus government-controlled fiat.


“To continue to flourish, Bitcoin does not have to become a more stable store of value than the US dollar,” he wrote together with lawyer Kyle W. Roche.


“It can climb the rungs of respectability by prevailing over less trustworthy currencies.”


Full story at http://bit.ly/2uIuETj


Source: CoinTelegraph


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