TMN Interview: Should Mortgage Cos Turn To Bitcoin?

By Elise Daniel Tesla made headlines when the electric vehicle company invested 1.5 million in Bitcoin in February. Last week, Elon Musk announced that customers could now buy Teslas with Bitcoin. Other tech-forward companies including MicroStrategies and Square have also invested in the cryptocurrency.  However, many traditional investors and financial institutions are still approaching Bitcoin with skepticism. Warren Buffet has outright condemned Bitcoin, likening cryptocurrency to rat poison and claiming it has no value. Treasury Secretary Janet Yellen said Bitcoin is an “extremely inefficient” currency. Though historically Bitcoin has been very volatile, even skeptics may find it difficult to ignore the recent BTC bull market.  The digital currency’s increasing adaptation is attributed to what Bitcoin believers have jokingly called “number go up technology” on the Twittersphere.…