“The Bitcoin virtual currency is up 24.5 percent in 24 hours, touching a new record of $619. The surge is ‘the beginning of something spectacular,’ with it potentially displacing the dollar, Jeffrey Tucker of the Foundation for Economic Education told RT. ‘I think, that’s not a bubble, it represents a substantial paradigm shift,’ Tucker said, commenting on the latest boom of the anonymous crypto currency. ‘In fact $600 per bitcoin might be a thing of history, we might get it much –much higher,’ the expert added. ‘The bottom line is that the government currencies are broken at the moment, they don’t meet the modern needs of an internet age and Bitcoin does,’ Jeffrey Tucker explained.”
http://rt.com/business/bitcoin-dollar-virtual-currency-895/
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