One of the biggest hurdles bitcoin and other digital currencies faces as far as mainstream adoption is concerned is the constant misinterpretation of both the technicalities and the potential benefits and downfalls of bitcoin. Ironically, this misinterpretation comes from those organisations that seek to regulate crypto currencies; namely the CIA, the federal reserve, the FBI and other large US governmental organisation such as the Chamber of Commerce.
Luckily, there are a number of well-respected individuals on a mission to inject some clarity into this misunderstanding and – with any luck – help the organisations in question to see the virtues of digital currency-based commerce.
One such individual is economist Perianne Boring – the founder and president of the chamber of digital commerce. Perianne recently addressed those aforementioned organisations at the Chamber of Digital Commerce Conference. At the close of the conference, she stated:
With a current market capitalization of about US$5.8 billion, digital currencies are a growing force in the global marketplace and are here to stay. As we see a generational shift led by the millennials, digital currencies will become as commonplace as email and Facebook. The Intelligence Community is a very savvy group. They are paying attention to digital currency because they know it’s the future.
While we are a long way from convincing the previous generation of finance and commerce policymakers that a digital currency future is the way forward for commerce, hats off to Perianne for her efforts. Let us know you think!