The Position Of Bitcoin. According to a report published in Business Insider by Joe Wiesenthal, the interesting piece on Bitcoin is about partially responding to Paul Krugman’s somewhat inscrutable blog post that called the cryptocurrency evil as well as partially answering the question of why Bitcoin has value with the topic being discussed for months making Wiesenthal’s argument worth ... The worldwide Coronavirus pandemic has had far reaching political and financial results, resulting in widespread cash printing that can finally Bitcoin was born 12 years ago at the height of the last global financial panic, and was positioned as a safe haven from the machinations of centralized banks. Indeed, its inventor, Satoshi Nakamoto, posted in its genesis block a newspaper headline about the British government being poised to bailout the banks a second time. So now would seem to be a pretty good test of Nakamoto’s marvelous ... Bitcoin started the month at US$33.610, according to Mt. Gox, a Bitcoin trading site. Today it closed at US$81.99. The Business Insider’s executive editor, Joe Wiesenthal, headlines the price ... Max Keiser, investor, trader and a TV anchor on ‘Russia Today’ who is also a vocal Bitcoin advocate has taken to Twitter to shoot another arrow at the famous Bitcoin haters – Peter Schiff and Joe Wiesenthal.. Keiser states that despite the different attitude of these two figures to the Fed, they have one thing in common – being wrong about Bitcoin.
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