Perry Cited in Kansas City Star

Providing his point of view in a March op-ed article in the Kansas City Star, Braden Perry counters the notion that the virtual currency Bitcoin is a bubble about to burst. The article discusses the capricious nature of Bitcoin and the author, Steve Paul, admits he is a cynic when it comes to the virtual currency. Perry, on the other hand, commented that his “clients remain cautiously optimisitc that there will be some resolution of the hiccups and that there will be a future for Bitcoins.” He added that “some kind of regulation likely looms” for Bitcoin, noting that “the state of New York plans to enact licensing rules involving crypto-currencies,” which is possibly a model for other states to follow.

“This doesn’t need to be a centralized currency,” Perry continued. “For everyone involved, a well thought through regulatory scheme would not be bad.”

Kennyhertz Perry is a business and litigation law firm dedicated to serving entrepreneurs. The Kansas City area firm was founded by John Kennyhertz and Braden Perry, both of whom have extensive experience in business law, litigation and financial services.