XML Gold, a Bitcoin and digital currency exchange platform, was founded in 2000 and provides fast, safe and economical internet payment operations. Its services are compatible with Perfect Money, Bank wire, Bitcoin, Litecoin, MoneyPolo, Payeer and PayPal and all transactions are protected with SSL 256-bit encryption.
In a recent blog post, XML Gold CEO discusses the reasons as to why he sees bright future for Bitcoin. He started off by comparing dynamics of bitcoin’s growth to that of internet. He said that Bitcoin is still in its infancy and is comparable with the world wide web in the early 1990's:
"Bitcoin is only seven years old and has many problems typical for other technologies in the early stages of development. But despite that, investors have already invested huge amounts of money in its ecosystem."
He noted that early phase of Bitcoin saw several inefficient companies and “mean” leaders (Silk Road, MtGox). However, he added the technology is growing and people change their attitude towards it.
"The developers of new Bitcoin exchanges and infrastructure have a more responsible approach to their security and regulation. The number of Bitcoin network users, and the volume of transactions is growing constantly. Such companies as Purse, ChangeTip andZapChain offer current services on the basis of the technology, including instant online payments for goods, micropayments, and more."
He further said that it is the seventh year of the Bitcoin network development. He added that Bitcoin is not perfect yet, and has many unsolved issues that need to be addressed.
He concluded saying: "This "civil war" inside the Bitcoin community will end with the fact that Bitcoin Classic will release a hard fork after coming to consensus in the circle of miners and developers. New killer apps will appear and make the Bitcoin user base bigger. And finally the Internet will get its first real payment protocol."
