The SEC Shows Why Bitcoin Is Doomed
Bloomberg View
"All of which is to say that doing anything legally with bitcoins — and especially converting them into fiat currencies — is going to get harder and more expensive as governments involve themselves. So hard and so expensive, I’d argue, that any advantages the crypto-currency may have over normal means of exchange, like credit cards, will soon disappear."
— Timothy Lavin
Economics Writer, Bloomberg
BTC price when published:
$94.78
Current BTC price:
$84,794.66
Price change:
+89364.72%