Giant mortgage investor Freddie Mac plans to dispense with traditional appraisals on some loan applications for home purchases, replacing them with
an alternative valuation system that would be free to both lenders and borrowers.
In November, ShapeShift CEO Erik Voorhees noted that Bitcoin is continuing to grow in terms of market
valuation, user base and user activity because as a decentralized currency and store of value, it is providing an
alternative financial network to the fiat currency
system.