Who is behind the Bitcoin surge? – Bitcoints


Published on May 26th, 2017 | by bitcoin


Who is behind the Bitcoin surge?

But the most intriguing theory about the bitcoin boom involves national governments.
Vinny Lingham, a well-known entrepreneur and digital currency enthusiast, predicted last year that a price surge could lead governments to take a strategic interest in bitcoin as an asset.
Imagine if China started buying up large amounts of Bitcoin — would the rest of the world governments stand idly by and watch?”
Specifically: There’s a limited supply of bitcoin, it’s easy to trade, and its price is not dependent on governments or regular financial markets.
National governments jostling for control of bitcoin could also trigger new forms of crime or economic aggression on the Internet.

Source: News.google.com

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