Warning that the use of bitcoins as an investment tool is limited because there is no underlying asset and the virtual currency is subject to high volatility, the central bank said speculators are at risk, as they would have no legal recourse if there is a loss of confidence in the cryptocurrency or if they are victims of theft from hackers. (coindesk.com)
Fowler told Bitcoin Magazine, «We believe that a consolidated data source, resulting from the combined participation of a strong and growing list of exchange partners globally, will enable us to address these gaps and thereby promote better liquidity, price stability, and public confidence in cryptocurrency as asset class.» (bitcoinmagazine.com)
Steeves also mentioned that Metropolis» upgrading from Ethereum increased confidence in cryptocurrency. (dailybitcoinnews.com)