The biggest, clearest and simplest to understand value of cryptocurrencies is as a store of value that can’t be censored and is resistant to seizure.
Offshore banking, which currently holds about $20 trillion, is in use for these same reasons. It turns out that such offshore havens are not just for people and corporations trying to avoid taxes.
Apple, Amazon, all billionaires, and other law-abiding citizens and corporations securely store at least some of their wealth in this way so that some random judge or court is not able to lock down all of their assets.
Click the link below to see the full article about the coming Bank of England Official Cryptocurrency.
CIO of cryptocurrency hedge fund talks about the value in cryptocurrency, like bitcoin, and where he thinks the market is headed in the next two years.