Bitcoin is embroiled in a civil war — here’s one way it can unfold
|07/16/2017||Posted by BusinessMediaguide.Com under General World News||
A civil war is taking place in the world of bitcoin, putting the future of the red-hot cryptocurrency in question.
Bitcoin is up over 250% since last year, but in the past few months its price has experienced big swings.
Arthur Hayes, CEO of BitMex, a bitcoin derivative exchange, told Business Insider he thinks recent volatility in bitcoin’s price reflects the uncertainty surrounding the outcome of this war, which will be decided August 1 when crypto-power brokers determine how the tech that powers the currency will be structured.
A bitcoin civil war
The ongoing bitcoin battle is connected to the cryptocurrency’s read more >>>