Showing posts with label reserve currency. Show all posts
Showing posts with label reserve currency. Show all posts

Tuesday, November 3, 2015

Could Bitcoin Become Major Reserve Currency?

The value of digital currency Bitcoin has soared 70% - and analysts think it could become one of the world's major reserve currencies within 15 years. --The cryptocurrency has made big gains over the past two months, since it hit a low of $213 (£138) in August. --But as it's currently trading at $370 (£240), it's nowhere near its early-2014 peak of $1,100 (£715).

Read more at Sky News
(Hat tip: KimR) Read More......