TagCryptocurrency

Bitcoin and the Greater fool theory

Warnings about bitcoins and other cryptocurrencies are coming from all directions. Concerns about the security of the cryptocurrency have continued to shadow it. Last year, almost 120,000 bitcoin worth around $78m (£58m)were stolen from Hong Kong-based Bitfinex, one of the most popular cryptocurrency exchanges, which resulted in a 20% drop in the value of the currency at the time. Moreover, there...

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