Bitcoin surge: what it could mean for treasurers
May 24, 2017
Bitcoin's schizophrenia
Is Bitcoin a ponzi scheme, as some detractors have argued, or does it still have value as a means of transaction?
It has been a turbulent couple of weeks for the bitcoin. Between January 12 and 14, its value plummeted 36% to around $177. The crash led commentators to deride the bitcoin as a store of value, with The Washington Post branding it a Ponzi scheme — libertarians all over the world were aghast.
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