July 12, 2018
Bitcoin is a versatile new technology that utilizes the blockchain which would have a huge impact on our economy as we know it. The only drawback to this technology is the security of the currency and the vulnerability to violatile price swings due to little or no establishments currently backing Bitcoin. Once the security to trade this currency is established, money would flood this commodity, bringing about investor confidence all the while allowing the adoption of a new technology that could be implemented in the inner workings of many businesses and bolster the growth of the United States economy as well as the economies of other nations around the world.