Rodrigo Batista is the CEO of Mercado Bitcoin, the first Brazilian bitcoin exchange and one of the largest digital currency operations in Latin America. Today, Mercado lets you swap Brazilian real for both bitcoin and litecoin, another currency that exists only on the internet, but Batista will soon expand the scope of his operation. By the end of August, he says, his site will embrace a brand new digital currency project called Stellar.
The arrival of spot bitcoin ETFs in the US offers easy access to the masses. Purists will steer clear.
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After plummeting in June, the price of Bitcoin has remained at such a low level that it is causing the
Inflation and expected interest rate hikes likely play a part in Bitcoin's dropping value.
