This Is Not the End of Bitcoin

Bitcoin news this week has revolved around the closing of the Mt. Gox Bitcoin exchange and reports of Bitcoin theft.

That has some analysts wondering if this is the end of Bitcoin.

Money Morning's Defense & Tech Specialist Michael Robinson appeared on FOX Business' "Varney & Co." today (Wednesday) and detailed why this is not the end of Bitcoin. In fact, there are numerous reasons why Bitcoin will be around long term.

Take a look:

The Bitcoin news has been negative this week and prices have settled. Some are worried, but this is not the end of Bitcoin.

How has the latest Bitcoin news affected your opinion of the virtual currency? Tell us on Twitter @moneymorning with #Bitcoin.

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