Wednesday, May 22, 2013

Living in the Future Today: BTC Global & BTC.UY

Living in the Future Today BTC Global and BTC.UY - New Bitcoin World, Latest Bitcoin News, Free  - New Bitcoin World, Latest Bitcoin News, Free Bitcoins info, ASIC mining, ASIC bitcoin miner
May 21, 2013 Posted by Ron Finberg. For Steven Morell and his team at BTC Global, bitcoins aren’t viewed as a new currency, but the technology of the future. In their world, people from around the globe swap digital currencies as a form of payments, while goods are sent in the form of emails, with the final product being printed by the buyer with a 3D printer. At the heart of all this commerce, are a new form of banks and financial companies, that will be used to store, exchange, and provide merchant services for digital currencies.

In an interview with Steven Morell, the Co-Founder and CPO of BTC Global, he explained to Forex Magnates that looking at charts of bitcoin prices or analyzing whether a bubble exists is useless, since it is more of an emerging technology than a new asset class. Morell said “Don’t look at bitcoins or other crypto currencies and their prices as an asset class. We aren’t talking about it as a currency, but as a disruptive technology – that is exponential. “ He added “When traders are looking at the price chart of bitcoins, they are looking at it with their own price analysis and whether it is overvalued or now. But you have to view it like you are looking at a chart representing technology. Imagine looking at a chart of that showed the growth of new email addresses in the mid 90’s. You wouldn’t say that the there was a ‘bubble’ of email users. Transfer that to bitcoins, and it becomes a chart about technology adoption and not currency prices.”

Targeting this world of changing technology, BTC Global is creating a diverse set of resources to cater to this future. Products on the table include secure solutions for cold storage of bitcoins, merchant services, and trading platforms. Already in existence is BTCXperts, a global directory of bitcoin business and professionals providing consulting services, and coming soon is BitBilly, an online bitcoin payment system, and BTCoinSafe, a high security bitcoin storage facility. - Read more here:

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