New World, New Money, New Opportunities

BURLINGAME, Calif. - June 16, 2015 - PRLog -- Outsell, Inc (http://www.outsellinc.com/)., the world’s only research and advisory firm focused on media, information, and technology, today announced publication of a new report, The Future of Money: Transacting and Trading the Bitcoin (http://www.outsellinc.com/store/products/1311). Despite recent US SEC warnings on trading of bitcoin, the decentralized, crypto currency’s value has grown exponentially since inception. Major financial exchanges and information providers are pressing ahead in support of the digital currency’s future, an industry on track to hit $200 million by 2018.

Bitcoin, a digital currency, is increasingly being accepted among online and offline merchants worldwide. This universal currency is neither controlled by any governments nor supported by any financial institutions. It exists as a platform derived from a global network of user computers, with a central algorithm that governs quantity and valuation.

“In the world of complex financial instruments, forex and derivatives trading would not preclude the trading of bitcoins. With exploding valuations over 1000% in the past year, as measured in offline currencies, the bitcoin is attracting many trading platforms, which are keen to monetize this growth,” said William Jan, VP & Lead Analyst at Outsell and author of the report. “With smartphones displacing credit cards, and biometrics displacing identification cards (the new bitcoin ATM takes a hand scan in lieu of a card swipe), wallets and purses may see a very different future.”

Bitcoin: A $200 Million Industry by 2018

For media inquiries, please contact Derek Beckwith, Warner Communications, at derek@warnerpr.com, or call +1 978-922-0818.

For more information about this report, please contact Srini Gomatam at info@outsellinc.com, or call
+1 650-342-6060.

About Outsell, Inc.

Outsell, Inc. (http://www.outsellinc.com/)is the only research and advisory firm focused solely on media, information, and technology. We use a time-tested, quality-proven, top-secret blend of data, brains, community, and pizzazz to produce extraordinary value for our clients. Elite information industry executives from all over the world look to Outsell for trusted advice, bold insights, and confidential access to exclusive intelligence and decision support. Outsell has your back. You’ll stay more focused, save time, grow revenue in a fast-changing digital environment, and sleep better at night. Guaranteed.