Here are the summary of the panel discussed in The World Economic Forum 2015.
“All the gold in the world is worth $10 trillion, but people are not using it to transact anything. Today,
#Bitcoin is really more like Gold 2.0.”
“Bitcoin went from $1200 to $200 last year, but over 5 years it was still the best performing currency in the world.”
Today, about 1.5% of all
#Bitcoin daily transaction value is being paid out to miners. ($700k/$40m per day)
“I believe that for sure there WILL be a long-term, viable global crypto-currency.” Reid Hoffman
“A year ago
#Bitcoin had 50% share of all crytpo-currencies, today it has 97% share.”
#Bitcoin is 1,000 times smaller than cash, but as it grows, governments will get even more interested.” #Bitcoin could one day allow allocation of resources dynamically between machines.”
“There are 10m people who own
#Bitcoin, 9m have not done anything with them (holding them) 1m doing transactions.”
Want to know more? There is a complete guide from Vox.