Is Bitcoin a Real Currency? An Economic Appraisal ...

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In February of 2015, Hong Kong Bitcoin exchange MyCoin abruptly closed its doors and disappeared with the $387 million it had of customer funds on deposit. It later came to light that MyCoin may have never been operating legally in Hong Kong in the first place, which limited the amount of oversight into their operation. It is now believed that MyCoin never actually facilitated any real trading ... Bitcoin Cash 24h $ 272.43-0.077608-0.03%. Litecoin 24h $ 57.67 +2.99%. Litecoin 24h $ 57.67 +1.67 +2.99%. Cardano 24h $ 0.109007-0.74%. Cardano 24h $ 0.109007-0.000814-0.74%. Bitcoin SV 24h $ 167 ... Banking giants are in trouble and it’s starting to show. Key players in the industry have already announced massive job cuts and executives with hefty HSBC in Deutschland ist die global vernetzte Geschäftsbank für Firmenkunden, institutionelle Investoren und vermögende Privatkunden. Bitcoin’s daily exchange rates exhibit virtually zero correlation with widely used currencies and with gold, making bitcoin useless for risk management and exceedingly difficult for its owners to hedge. Bitcoin prices of consumer goods require many decimal places with leading zeros, which is disconcerting to retail market participants. Bitcoin faces daily hacking and theft risks, lacks ...

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