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  1. Comment - Insight & Opinion

    Bitcoin bubble won't last without Beijing's approval

    Posted Jan 13th 2014, 11:26am by ANDY XIE

    ... and grow Bye-bye, bitcoin Bitcoin is a Ponzi scheme masquerading as a futuristic currency. It was a small bubble until it found China last year. But when the Chinese government launched its ... a bubble as in 2000. Bitcoin was trying to join the internet bubble without much success. In the West, bubbles are driven by money managers. Bitcoin is too crazy for them. But China is the land ...

    http://www.scmp.com/comment/insight-opinion/article/1404497/bitcoin-bubble-wont-last-without-beijings-approval

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