BitCoin has zero chance of survival. Got in during the bubble? Think its gonna bounce back? Do some more research and realize every major force on the planet is against it -- and for good reason despite their individual pursuits.
Bitcoin is “a combination of a bubble, a Ponzi scheme and an environmental disaster,” Agustin Carstens, the head of the BIS, said.
Not often I agree with the global pranksters. Here, though.
First Asia restricts the use. Then India. Now the Western banking elite are against it. Gold and oil backed cryptocurrency controlled by the gum-mint is next. Hopefully the future holds better alternatives.