On Wednesday, Bitcoin experienced another sudden price drop. As usual, it was the cue for “nocoiners” to parrot their tired rhetoric. Bitcoin Isn’t BS Writing for the Entrepreneur, Richard Van Staten, the CEO of a company called “Quantum Solutions,” referred to Bitcoin 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, theRead MoreThe post Why Bitcoin Isn’t the ‘Swindle of the Century’ appeared first on Bitcoinist.com.
