Since its advent in 2009, bitcoin has attracted the support of technology enthusiasts who were appealed to the technical side of bitcoin as a medium of exchange, as well as libertarians and crypto-anarchists who were interested in the decentralized nature of bitcoin that is not controlled by any government or any other form of central authority. On the other side of the picture lies a group of individuals who are “anti-bitcoin”. Those individuals claim that bitcoin actually has no intrinsic value and that its price has been heavily manipulated during its early days, especially during the period proceeding Mt. Gox’s collapse early in 2014.
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