Bitcoin, Nationless Currency, Still Feels Government’s Pinch

Posted in: Miscellaneous at 20/12/2013 16:09

If Bitcoin is a bubble, as its critics contend, it is showing signs of deflating.

A rapid succession of moves by governments around the world has cast doubts on the legitimacy of the virtual currency, and its price fell about 60 percent at one point on Wednesday morning from its high earlier this month. It recovered some as the day went on.

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