Why Bitcoin Isn’t the ‘Swindle of the Century’32.77

On Wednesday, Bitcoin experienced another sudden price drop. As usual, it was the cue for  “nocoiners” to parrot their tired rhetoric.

Writing for the Entrepreneur, Richard Van Staten, the CEO of a company called “Quantum Solutions,” referred to Bitcoin 00 as the “swindle of the century,” and said the cryptocurrency was “BS.” A strong argument could be made that the housing bubble of 2008 is the swindle of the century. For now, the focus will remain on the cryptocurrency market alone.

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