To be a more efficient, faster, and cheaper way to send money around the world, you have to be able to get in and out of Bitcoin. You need to have a liquid exchange on either end of the corridor.

People have been scared off Bitcoin by the fact that you needed to put your money in an unregulated overseas platform that has been cut off by banks and scrutinized by the Fed. We are looking to remove the pain points and create a way to invest that is faster and more secure.

You just can't bifurcate bitcoin currency from the technology. Bitcoin will always need a monetary base.

As people want to move money around the world, they're going to be moving in and out of bitcoin quickly, but they're still going to own it for some period of time... and the size of that working capital requirement will grow as the global economy grows.

As the platform and protocol become more ingrained in society, get built into products and services, and basically become more of the mesh of society, just like the Internet, companies and people will need to own Bitcoin to play on its rails.

Essentially, if you decide to sell a widget using BitPay, and you sell the widget for $100, in Bitcoin you get $100. And so it doesn't matter what the price does the next minute or the next hour.