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Re:No End in Sight for Crypto Sell-Off as Bitcoin Breaches $... by olivermarks on Tuesday November 20, 2018 @10:38AM (#18494568)
The vast majority of cryptocurrency transactions are in Asia, meaning China, Singapore & Japan according to a sharespost webinar I tuned in to last week. Getting money out of China has been a driver of cryptocurrencies in 2017 and early 2018, with little utility other than moving money around to invest in safer havens.
Re:No End in Sight for Crypto Sell-Off as Bitcoin Breaches $... by tacon on Wednesday November 21, 2018 @02:15PM (#18505202)
I can see Chinese capital flight as a driver of transactional bitcoin. How does that lead to holding bitcoin as an investment?