Bitcoin’s Price Determined By Investors’ Speculation On Future Usage, Says BitPay CEO Stephen Pair

Blockchain, News | December 17, 2018 By:

Stephen Pair, CEO of crypto merchant platform BitPay, said that a “very big” component of bitcoin’s price represents investors’ speculation on future usage and adoption of blockchain technology.

In an interview with CNBC’s Squawk Box, Pair said that it was difficult to determine bitcoin’s current valuation since a major element driving its price was still investors betting on future usage.

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Bitcoin Tax Payment Option Should Be A Possibility, Says UK MP Eddie Hughes

News | December 11, 2018 By:

Eddie Hughes, a conservative member (MP) of the UK’s Parliament and Minister for housing, said that the prospect of making payments using bitcoin to local authorities and utility providers should be a possibility, Express UK reported.

Hughes, who considers himself to be a “crypto enthusiast with amateur knowledge,” said that since blockchain technology gets a lot of attention,

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