“The former chief technology officer of the Chinese-language online social reading platform Docin, Xu Mingxing, believes bitcoin ‘is a social experiment.’ He is willing to risk losses by investing in the currency, he said. Xu says he began buying bitcoins in 2012, when one bitcoin was valued at less than US$20. ‘In September this year, the exchange rate of one bitcoin surged to US$900.’ Admitting he began his bitcoin investment on speculation and with the intention of experimenting with them, Xu remarked that he now believes bitcoins are a democratic currency, or a perfect currency in the real world.”
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20131119000017&cid=1202
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
(Visited 41 times, 1 visits today)
Related posts:
UN to investigate civilian deaths from U.S. drone strikes
Britain Apologizes for Role in Libyan Dissident’s C.I.A. Nightmare
The sun is setting on dollar supremacy, and with it, American power
Sergeant fired in response to charging mayor, police chief with corruption
TARP Audit: Housing Recipients Re-Defaulting in Alarming Numbers
Another Amazing Fat Tuesday on Wall Street
Amsterdam forced Jews to pay rent while in WWII concentration camps
Somali American caught up in a shadowy Pentagon counterpropaganda campaign
Some consumer PCs also appear to have dangerous Intel exploit
George Galloway to turn to Kickstarter to fund anti-Tony Blair film
Chris Christie's Attack on the Civil-Liberties Wing of the GOP
Chinese RMB likely to replace dollar in global trade
Gun company displays largest-caliber rifle ever created with bullets that cost $40 a piece
Britain preparing to end plans to tax Bitcoin trading
Just say no when the TSA asks you to 'chat'