A financial forecasting firm — Elliott Wave International (EWI) — today announced that henceforth, they’ll be accepting bitcoin payments. This effectively allows subscribers to pay for EWI services using digital currency.
It doesn’t seem as if the firm is using the “now accepting bitcoin” announcement purely for the sake of attention, though. EWI president Robert Prechter predicts bitcoin still has a lot of growing to do. In August 2012, he said: “Presuming bitcoin succeeds as the world’s best currency — and I believe it will — it should rise many more multiples in value over the years.”
“Back then we figured digital currencies would be the wave of the future, and now the future has arrived,” he continued.
Bitcoin was trading for $8 then — now trading for over $800, and hitting a high of over $1200 in late 2013.
The company has said they have partnered up with digital currency processor BitPay to make it all come together. For more information, read the press release.