Bitcoins Are Making Their Mark In South Florida And International
Bitcoins have the people of south Florida really talking, especially after the North American Bitcoin Conference held on January 25 and 26 at the Miami Beach Convention Center.
Bitcoins are an international currency and digital payment system. During the conference at The Clevelander hotel in South Beach, the hotel was allowing conference attendees to pay for their rooms and food with Bitcoin through their sponsor Bitpay. Miami and Fort Lauderdale is becoming more involved in international business using Bitcoin.
One of the hottest financial topics this past year, Bitcoin will allow international citizens more freedom as this is an electronic payment system and currency allowing person to person payments as well as financial exchanges without financial regulation or a third party institution. While there are still many skeptics due to the lack of regulation, Bitcoin has many supporters opening the door for the possibility of using electronic currency for even such things as Real Estate transactions for foreign investors. Some even predict, that bitcoin could replace the gold or even the U.S dollar.
