Bitcoin Money
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Showing posts tagged maxraskin
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Bloomberg CHART OF THE DAY - Bitcoin
Today’s CHART OF THE DAY covers Bitcoin’s increase in the exchange rate. Excerpts from a corresponding article by Max Raskin (@MaxRaskin) on Bloomberg:
“Bitcoin has more than doubled in the past 12 months, strengthening to $16.37 from $5.88.”
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“Greater demand for virtual currencies could have a negative impact on the reputation of central banks, according to a report published by the European Central Bank in October last year.”
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“Steve Hanke, a professor at Johns Hopkins University in Baltimore who helped to establish new currency regimes in countries such as Argentina and Bulgaria [said about Bitcoin] ‘I think it’s a competitive threat. Maybe virtual currencies will be so convenient that they will pose a threat because of their ease of use.’”- http://bloom.bg/WIzQOZ
- http://i.imgur.com/AMLYAXs.png (CHART OF THE DAY)
- http://bit.ly/VjfyKM (Related post on ZeroHedge about the COTD)
- http://bitcointalk.org/index.php?topic=139515.0 (Further discussion of the Bloomberg article)
- http://bitcointalk.org/index.php?topic=139552.0 (Further discussion of the ZeroHedge post)Previous Posts - Twitter: @BitcoinMoney
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