*This is a personal perspective piece on bitcoin. All who read it are invited to comment and/or challenge the thoughts posted here.
Bitcoin has come a long way since it began in 2009. Now accepted by global companies such as Yahoo and Windows, and by charities such as Greenpeace, it continues to make a name for itself in the digital universe, and blockchain security is often considered some of the best by bitcoin enthusiasts.
There are those, however, that still question whether bitcoin really has a place in the financial world. Governments continue to wonder if bitcoin is even a currency, and debacles such as Mt. Gox and the recent Bitstamp hacking often put a damper on bitcoin’s reputation. Events such as these put users on edge, and worse, make bitcoin doubters doubt even more.
But these kinds of attacks and negative points do little to diminish the intentions behind the currency itself. Bitcoin has done lots to aid the unbanked populations of various countries; populations who simply do not possess the credit or financial means to remain afloat with the rest of the world.
Bitcoin aims to financially link countries together, and thus one can look at the situation in a positive light and realize that nothing is merely black and white. Like all things in an early stage (and many do consider bitcoin to still be in an infantile state), there are kinks to be worked out. Some are small, and some are large, but no matter what the odds may be, things with good intent and will power are destined to survive, and despite all its blunders, bitcoin has continued its rate of survival, and its popularity still grows.
Does bitcoin have a large future ahead? Post your comments and let us know.