Bitcoin has almost tripled this year despite a severe crash in March. Proponents have seized on the narrative that the coin could act as a store of wealth.
If mainstream investors move just a small portion of gold holdings into the $350 billion Bitcoin industry, it would be a game-changer for diversification strategies on Wall Street.
Covid-19 has been good for Bitcoin & cryptocurrency generally. By accelerating our advance into a more digital word, what might have taken 10 years has been achieved in 10 months.
Bitcoin has been through a boom and bust and a second boom since its frenzied heydays in 2017. But the mania that surrounded digital currencies back then is largely absent.
PayPal customers can now buy, sell and hold cryptocurrencies including Bitcoin, Ether, Bitcoin Cash and Litecoin from digital wallets, as well as use the virtual money to shop.
India should have secured greater savings by pressing Russia for prices nearer the cap while sustaining high volumes. This would have preserved strategic autonomy and served economic logic.
One such website has drawn particular scrutiny for spreading fake stories that have upset not only the Indian but also foreign defence firms by falsely attributing misinformation.
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