Negative Interest Rates Propel Bitcoin to the Forefront
Negative Interest Rates are causing bankers to fear, among other things, currency wars and the widespread use of virtual currencies. Indeed, it is amazing how things are acting together to propel Bitcoin’s inexorable march to become one of the main currencies of the world, if not the world reserve currency for fiat currencies. New technologies, the Internet of Things, and global economic trends seem to be collaborating towards this end. Or perhaps, the world is going crazy. Take for example the recent moves by some of the world’s major central banks to impose negative interest rates.