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Wednesday, January 31, 2018

Bitcoin is basically a Ponzi scheme

If you've been living in a cave and haven't heard of bitcoin, it's the biggest, best-known example of a “cryptocurrency”: an asset that has no physical existence, consisting of nothing but a digital record stored on computers. What makes cryptocurrencies different from ordinary bank accounts, which are ...

from Google Alert - Bitcoin http://ift.tt/2rYjWe7

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