Bitcoin Expert Jason Brailow, Talks About the Future of Cryptocurrency

LOS ANGELES, CA–(Marketwired – Jan 30, 2015) – The first U.S. Bitcoin exchange in the United States, backed by $106 million in investor funding, opened this week, allowing users to buy and sell Bitcoins in 24 states, including New York and California. After the significant downward spurt of the digital currency earlier this month, this announcement may seem unexpected, but Bitcoin experts including Jason Brailow are not surprised by this development: “I believe the recent price drop we have witnessed is a benefit for Bitcoins in the long run. The market needed to be corrected — the Bitcoin could not continue to sustain itself at such an overinflated price.”