Monthly Archives: December 2018

Bitcoin hassles

Bitcoin lost it’s steam this year. Not even close to the last year’s levels. People lost faith in it, but big guys got upset with the buzz it created last December and maybe the slump has something to do with that. It was a threat for the financial system as very potent competitor. Even miners are backing off.

On the plus side, some local governments accept tax payments in bitcoin, some banks and financial institutions started to talk and think about providing services based on BTCs, I guess they will need to buy some stock to achieve this and they need it cheap. Governments will try to regulate it. read more