Author

Topic: [2016-06-02] How China took center stage in bitcoin's civil war (Read 222 times)

legendary
Activity: 1316
Merit: 1145
A delegation of American executives flew to Beijing in April for a secret meeting just blocks from Tiananmen Square. They had come to court the new kingmakers in one of the strangest experiments in money the world has seen: the virtual currency known as bitcoin.

Against long odds, and despite an abstruse structure, in which supercomputers "mine" the currency via mathematical formulas, bitcoin has become a multibillion-dollar industry. It has attracted major investments from Silicon  ..

Read more at:
http://economictimes.indiatimes.com/articleshow/53019987.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Jump to: