Receive all Cointelegraph news immediately in Telegram. Internet services provider Yahoo co-founder Jerry Yang said digital currencies will be key in the future, compares to early days of internet. Yahoo co-founder Jerry Yang claimed that the virtual currencies like Bitcoin will play a key role in the future of society. He even compared the volatility and technology of Bitcoin to the “early days of the Internet.”

In an interview at the sidelines of the Fortune Global Forum held in China in late 2017, Yang said that Bitcoin and the other digital currencies like Ethereum, Litecoin and Dash are the future of the financial system, although they are not there yet. “Bitcoin as a digital currency is not quite there yet. People are not using it to transact. People are using it as an investable asset. I personally am a believer in where digital currency can play a role in our society.  Read more here…

thumbnail courtesy of cointelegraph.com