China’s State-Run Media: Bitcoin Is Blockchain’s First Success

The official Chinese state-run Xinhua News Agency has published a report recognizing Bitcoin as “the first successful application of blockchain technology.” The official Chinese state-run Xinhua News Agency has published a report recognizing Bitcoin  (BTC) as “the first successful application of blockchain technology.”  Published today, Nov. 11, the coverage is exceptional given China’s abiding hardline […]

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Bitcoin ‘Is Not Real,’ Says Former European Central Bank Chief

Bitcoin lacks the characteristics of a currency and is purely speculative, according to the European Central Bank’s former president Jean-Claude Trichet. Bitcoin (BTC) lacks the characteristics of a currency and is purely speculative, according to the European Central Bank’s former president Jean-Claude Trichet. Chinese news outlet South China Morning Post reported on Nov. 10 that […]

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