Cryptocurrency is the new technological gremlin haunting the world’s exchequers. Governments want to rein it in, but punters have made fortunes in its trade.
Bitcoin is seen as quasi currency, much to the consternation of regulators. It has been described as everything but real money and dismissed as dogcoin. Paul Ford, a geek writing for Bloomberg, sees a bubble in Bitcoin. “Bitcoin is at some level just a set of rules, defined by software, that has become one of the world’s weirdest games.
I'm still bullish on bitcoin. Hope all the government bodies support it in the coming days.
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