Bitcoin's a Revolution, Not a Convenience

Not carrying cash is a perk of Bitcoin, not its purpose.

Henry Blodget has a post today in Business Insider applauding the rise of digital payment methods as alternatives to dirty, smelly, heavy cash. He has a point: Cash can be a lousy way to pay for things, and options such as credit and debit cards, PayPal and the digital currency Bitcoin can be a lot more convenient.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.