Praveen C Jacob 979 days ago Founders Fund, the VC firm invested $15 to $20 million in Bitcoin. The firm has told investors the bet on bitcoin is now worth hundreds of millions of dollars. Cryptocurrency is the future of currency trade because of the freedom it creates and will include the so called parallel dark economy which can be as big as our guess. Google’s Alphabet Inc. is investing heavily in both block-chain and cryptocurrency and they have huge reserves for investment. So, even if there are wider market fluctuations with its flaws and risks like we have seen in the Silk Road case, Bitcoin is going to stay in the foreseen future. It’s a highly disruptive technology which will definitely makes an economy more efficient and creates more wealth. When a disruption led by technology with higher stakes in money, expect intense clashes with the traditional players. So, the break-through in internet speeds and computer science supports deeper foreign exchange markets at lower costs through cryptocurrency. Here again we have to consider two things, ‘bitcoin the technology’ and the ‘bitcoin the currency’. The disruption is the technology which is an open source system’s protocol, its operating system at its core which will in the future helps to develop new tools for digital commerce. So, the success of any currency whether it is bitcoin or the ‘fiat’ currency is based on people’s trust in which bitcoin may be a winner as in the latter’s case the payee doesn’t have to trust stability of a third-party.