Bloomberg Finally Accepts Bitcoin ‘Is Here to Stay’177.6

Mainstream media has been far from complimentary about bitcoin and cryptocurrencies in recent years. The vitriol and FUD makes headlines but it is largely based on ignorance of the technology and its ethos. Industry giant Bloomberg may finally be warming to bitcoin however, but will others follow.

Bitcoin appears to have finally started its correction from a rally which has added almost 270% to its price since the beginning of the year. The big names in mainstream media are dedicating larger slots to BTC and its brethren as the crypto winter has thawed. In a recent Bloomberg opinion piece the outlet finally admitted that crypto is here to stay.

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