Will Migrant Workers Drive Bitcoin’s Mundane Future?

Tuesday, October 8, 2013

A certain seediness seems to be a necessary element in getting people’s juices flowing about virtual currencies: speculative fervor, some international crooks, theWinklevii, the demise of sprawling online black market fueled by Bitcoin transactions. But the future of these “math-based currencies” is more likely to hinge on more mundane questions like: Is this a good way to send money back home to my family?

Source: Bloomberg Businessweek (link opens in a new window)

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digital currency, financial innovation, financial products, remittances