NATIONAL CURRENCIES SHOW SIGN OF EXTREME WEAKNESSBitcoin will eventually be the world's currency because "you have to think it's going to infinity," Jesse Powell, CEO of cryptocurrency trading exchange Kraken, said in a
Bloomberg interview Thursday.
National currencies are already showing extreme signs of weakness and people will soon start measuring the price of things in terms of bitcoin, he said.
"I think true believers will tell you it's going all the way to the moon, to Mars, and eventually it'll be the world's currency," Powell said.