It seems Bitcoin is on everyone’s mind, at least in my financial stratosphere. So I thought I would take a moment and discuss my thoughts: Bitcoin has been around for a few years now and to this day most are still confused by what it is. Even Warren Buffet was quoted as calling it snake oil. My stance is simple in that I have been following-investing in Bitcoin for a long time ($.06 each when brought to me by staffer Yo Sub Kwon) and I believe it is here to stay. With the continued weakening of fiat currency (the dollar) and the need for a unrestricted worldwide currency I believe, like others, that Bitcoin will continue to grow and become more widely acceptable and therefore continue to rise in value.
Marc Andreessen: “My Prediction Is That The Libertarians Will Turn On Bitcoin.”