The rise of digital currencies and Atlanta’s key role

The recent explosion of so-called virtual or digital currencies, especially bitcoin, has caused quite a bit of excitement as well as some head-scratching in the financial services industry. Mobile and digital aficionados have applauded this new monetary innovation – one which is outside the scope of any government or regulatory agency and is seemingly “built for the Internet.” Others are more skeptical of the staying power of currencies such as bitcoin, shrugging it off as another speculative bubble. Regardless, these new digital vehicles provide tools for businesses and perhaps for speculative investment opportunities, especially this early in their life cycle.

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