Monday, 11 July 2016

Bitcoins: Not for the faint hearted (Rajesh Bhayani, South Asia Monitor)

Bitcoin has emerged as an alternative asset class, delivering high returns in the past few years but not without equally high risks. A year before, the crypto-currency was quoting at $260 a unit. In the past six weeks, the price has risen to $640, following the British vote to exit (Brexit) the European Union and a depreciating Chinese currency. In India, each bitcoin is worth Rs 44,000-45,000.

http://southasiamonitor.org/detail.php?type=eco&nid=18145

No comments:

Post a Comment