More customers are getting comfortable using the digital currency, and the market reflects that as some of the largest multinationals integrate their systems to service Bitcoin users.
- Overstock.com will issue a $25 million bond on Bitcoin.
- Financial institutions are turning blockchain technology into their own personal auditing system.
- Crypto-currency skeptics believe there are critical flaws that will keep Bitcoin from taking off.
- NASDAQ and the NYSE believe the open source blockchain technology will provide increased "security and transparency" to securities exchanges.
Overstock.com is the latest in a long line of businesses finding a place at the Bitcoin (XBT) table. From exchanges all over the world to innovative start-ups, Bitcoins prevalence in the global economy is growing by the day.
Is Bitcoin a challenge to the fiat model, or will Bitcoin's inherent challenges prevent the digital currency from gaining currency market share?