*****Bitcoins: money coins or fake money?******
Poor Bitcoin. It’s like Rodney Dangerfield: it can not get any respect. Not through the people who could just take it to your level that is next. And the very reason some touted it as the easiest way to go currency around online may end up being the precise explanation it will never achieve mainstream acceptance. At the least, according to founder that is nTrust CEO Robert MacGregor, who’s also a technology and alternative payments lawyer. The online vault systems founder (nTrust isn’t for sale in the U.S.) has some strong opinions on Bitcoins and why they stay lukewarm in reception overall to the online world exchange universe that is monetary.
Still Struggling for Mainstream Acceptance
MacGregor recently coined an op-ed piece on Bitcoins, and shared his thoughts on why they will probably never be accepted by the main-stream banking worldwide entities as a real currency. MacGregor says the matter is not whether Bitcoins have enjoyed some acceptance, but if they will ever get acceptance that is enough matter, and their response is: not much. And he’s not the one that is only believes so, either.
The nTrust CEO ascertains that, by the concept of cash as one thing you can use to purchase things, Bitcoins have actually failed miserably. And to measure that, MacGregor says, all you need to do is examine the relatively tiny amount of merchants who accept Bitcoin Continue reading “nTrust CEO Says Bitcoins Won’t Ever Be a Mainstream Payment Option”