Bitcoin Won't Replace Dollar but It's Far More Than a Passing Fad

Bitcoin is far more than a passing fad, in fact it is changing the future of finance, said Brian Kelly author of 'The Bitcoin Big Bang.' Kelly added that Bitcoin is leading the movement from a centralized financial system to a decentralized one. He said Bitcoin's ability to overcome the Mt. Gox scandal proves the digital currency's endurance and he pointed out the huge amount of venture capital money flowing into it. Kelly admits that Bitcoin will likely never replace the U.S. dollar but he said it does not have to in order to be successful. Finally, he said it is better than gold because it is programmable.