Market Extra: Fidelity CEO has 4 reasons bitcoin still isn’t mainstream

Bitcoin may not seem as though it needs much help these days, having soared more than 400% over the past 12 months, but the industry surrounding digital currencies and blockchain—the cryptocurrency’s underlying technology—needs to address some major issues if it is going to be viable for a broad and mainstream consumer base.

Check out: Bitcoin’s rise: $1,000 invested in 2010 would be worth $35 million today

That’s according to Abigail Johnson, the chief executive officer of Fidelity Investments, one of the biggest champions of bitcoin and blockchain among traditional financial-services companies.

“I like to think that huge new markets and products will be built on these platforms,” she said at Consensus, a blockchain-centric conference put on by digital currency site CoinDesk.

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