China's First Bitcoin Bubble Has Popped, Let Recovery Begin

China's First Bitcoin Bubble Has Popped, Let Recovery Begin

Vitalik Buterin has written a wonderful article about 'Bitcoin: China's New Special Economic Zone' over at Bitcoin Magazine. While it may be quite some time before China's government actually admits that it has allowed Bitcoin to be a sort of Special Economic Zone [SEZ], spectators around the world are eagerly awaiting where Bitcoin will go next. Elsewhere around the world, and perhaps especially in China, speculators [a special type of spectator] are loudly and belligerently jumping ship. I present to you this excerpt from Buterin's article that sums up this First Chinese Bitcoin Bubble:....


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