Bitcoin: Wall Street Resolved The Major Disadvantage Of Cryptocurrency :

Wall Street has solved the major problem of Bitcoin: its volatility. The way is therefore open for merchants wishing to make it an additional means of payment.

This is a promising news for the "people's currency".

Starbucks and Dunkin Donuts have recently begun to talk about Bitcoin for obvious reasons: these companies want to adopt Bitcoin as a means of payment, which would have the effect of attracting the attention of their young customers interested in digital currency.

But it's not done yet.

Why ? Hard to say. Brands are certainly frightened by the volatility of cryptocurrency. This instability could lead to big losses if the value of Bitcoin fell against conventional currencies like the dollar or the euro.

This fear is now a thing of the past because Wall Street has recently introduced Bitcoin futures. Starbucks, Dunkin Donuts and other companies worried about the prospect of losing money can sell their futures if the price of Bitcoin falls.

Which means that any loss in the market will be absorbed by the futures market.

Meanwhile, Wall Street has introduced new products, such as the Bitcoin Investment Trust, that broaden investor participation in the Bitcoin market. These products could help cryptocurrency change its position on the Rogers curve, moving from the early adopters phase to the early majority phase. This is the phase during which the product spreads like a powder train.

And this is good news for the Bitcoin bubble, as this could lead to higher prices, especially if there are few offers or if governments, big banks and hackers do not spoil celebration.