28 February 2014

Why Citigroup’s ‘Three Risks Facing Bitcoin’ is Misguided

In the wake of massive problems that brought down the Japan-based bitcoin exchange Mt. Gox, some seem to think that bitcoin is experiencing a crisis of sorts.


For those who have long known about the problems and possible hazards of Mt. Gox, however, this news doesn’t seem incredibly startling.


For the financial establishment, though, Mt. Gox’s ineptitude appears to be bitcoin’s fatal blow.


Continue reading at CoinDesk


February 28, 2014 at 07:18PM