HM Treasury has just announced that they wish to know what is going on in the world of bitcoin. This means that bitcoin is a serious form of currency and can be expected to retain its value against other currencies. Perhaps three months ago I thought that bitcoin was a serious investment since the Chinese government had banned citizens from holding them and – this was the clincher – the boss of JP Morgan had opined that bitcoin is a scam. Both these parties have an interest in dissing bitcoin – hence the anti-bitcoin chat. |
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