Last updated on February 26th, 2017 at 09:43 am
a small group of Chinese companies have effectively gained control of bitcoin, making it vulnerable to market manipulation. Add that on top of the fact that bitcoin exchanges are prone to collapsing (as they have in the past) and you have a digital currency that is, according to the Financial Times, essentially worthless. At least it’s good for entertainment.
Eulogy made by: Michael Nunez
Blogger and owner of 99Bitcoins. I've been dealing with Bitcoin since the beginning of 2013 and it taught me a lesson in finance that I couldn't get anywhere else on the planet. I'm not a techie, I don't understand "Hashes" and "Protocols", I designed this website with people like myself in mind. My expertise is online marketing and I've dedicated a large portion of 99Bitcoins to Bitcoin marketing.
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