I write this after seeing in the news that “the bitcoin loses more than 30% of value in its worst week since 2013”. We are more than used to hear that bitcoin collapses and shoots up. Normally, investing with this degree of volatility is only assumed by very expert speculators and yet in my environment I know many people who are investing in bitcoin. Globally, alarming things are being heard that should be of concern to regulators.
Why do many people invest in bitcoin? Leaving short speculators aside, investors long believe...continue
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