Bitcoin is Merging with Stock Markets

stocks bitcoin abstract

Bitcoin has now passed the point where any government can seriously think of banning it because the phenomena is becoming part of the ‘real’ economy. PayPal is the latest publicly traded company to have some of its fortune tied to bitcoin. An analyst just recently suggested $1 billion in revenue may be added to the company due to offering bitcoin services. That is serious money, so reflecting on their stock price and considerably recently, with Square being another company that not only offers bitcoin services, but holds some of it as part of their treasury reserves. In the financial industry, bitcoin is nearing a tipping point. Smart money, whether it likes it or not, simply can not ignore the conclusion of study after study that bitcoin is beneficial to your portfolio, with one such study coming out just this week. We’re therefore seeing a curious phenomena where the likes of…

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