Why the US debt crisis didn’t affect bitcoin

“The cryptocurrency cannot be controlled by a small cadre of politically-motivated people, willing to bring a government to its knees over an ideological issue. And while bitcoin may still be considered a marginal, risky currency, it is getting stronger.  While bitcoin is volatile, its relative indifference to the machinations of the US political system tells us something. Its fundamental differences to fiat currency, along with its gradually increasing maturity, are helping to shield it from short-term market shocks such as the one surrounding the debt crisis.”

http://www.coindesk.com/us-debt-crisis-bitcoin/

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