This Is A Game Changer For Bitcoin – Bitcoin USD (Cryptocurrency:BTC-USD)

The story

I don’t normally write about the news, because normally I feel that it’s either over hyped (click bait), already covered, or it really doesn’t matter in the long run. This morning I read something that stopped me in my tracks, and I couldn’t let it rest.

The story is quite lengthy, so I want to summarize the main points below and then give you my perspective on what I think it means for Bitcoin (BTC-USD)(COIN)(OTCQX:GBTC) now, and in the future.

• The owner of ICE has teamed up with Starbucks (SBUX), Microsoft (MSFT) and the Boston Consulting Group in an effort to “fix” Bitcoin and make it a “trusted global currency with broad usage.” – Fortune Magazine
• The company they have founded is called Bakkt, and their primary objective is to establish a fast, secure and efficient global marketplace for digital assets. From their website:

Backed by Intercontinental Exchange’s proven financial market infrastructure and technology, Bakkt’s secure global platform will connect…