How Governments around the world are looking at Bitcoins? Its biggest strength is its weakness

[LTP Payments]

Bitcoin reminds me of the old poem by Samuel Taylor Coleridge called The Rime of the Ancient Mariner, where he says “Water water everywhere, and not a drop to drink”

While Bitcon value has gone from $50 to $1200+, most of us have been mere speculators. Very few have actually got Bitcoins and even fewer have transacted using a Bitcoin. Wall street analysts have predicted that the Bitcoin’s value might reach 10 to 100 times its current value (from $860 on 12th December 2013). Still people are reluctant to buy it. They are afraid if they will be able to freely sell it in their country. Many think that its a bubble, a ponzi scheme and they might lose money. They want to know what their Governments stand is? Are the banks allowed to trade in Bitcoins

More Here http://letstalkpayments.com/governments-around-world-looking-bitcoins-biggest-strength-weakness/