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United States Congressional Research Service Insist Bitcoin Is Merely Investment Vehicle

Ramsey Baker

Summary: Cointelegraph.com reported that the Congressional Research Service (CRS) has echoed a thought that seems to be commonly held by many government entities that Bitcoin is only being used for investing and isn't being exchanged for goods and services. While the CRS appears confident that Bitcoin is a fad, software company DataLight begs to differ. DataLight ...

Cointelegraph.com reported that the Congressional Research Service (CRS) has echoed a thought that seems to be commonly held by many government entities that Bitcoin is only being used for investing and isn't being exchanged for goods and services. While the CRS appears confident that Bitcoin is a fad, software company DataLight begs to differ. DataLight in a recent report, says if Bitcoin stays on its current trajectory it will surpass cash and card. 

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