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Could
Bitcoin (CRYPTO:BTC) ever gain widespread adoption as a method of payment? Dan Morehead, CEO of Pantera Capital seems to think so. In this
Fool Live video clip,
recorded on March 18, head of our Extreme Opportunities franchise Aaron Bush asks Morehead why Bitcoin is indeed a viable currency.
Aaron Bush: I kind of want to touch on maybe some areas where people would have questions or might have doubts. Some people say Bitcoin is like digital gold. Well, I don t think gold is interesting as an investment. Or some people say, Bitcoin as a currency isn t as good as the dollar, why would I be interested? People have concerns about the energy usage and things like that. To these people who have these various forms of skepticism, what would you tell them to add a different perspective to help them think past why those issues aren t a huge deal?
Author Bio
Matt is a Certified Financial Planner based in South Carolina who has been writing for The Motley Fool since 2012. Matt specializes in writing about bank stocks, REITs, and personal finance, but he loves any investment at the right price. Follow him on Twitter to keep up with his latest work!
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