tomcryptocurrency
Blood Diamonds vs. BitCoin
Cryptocurrency has been trending the news a lot recently. The idea of using digital assets is appealing for several reasons, among them being more freedom than what centralized banking systems currently offers. As a result, we have seen organizations like Bitcoin and OneCoin rise in popularity and usage. But is there a downside to these new payment systems? One Forbes columnist, Jason Bloomberg, seems to think so. Bloomberg compared Bitcoins to blood diamonds, warning consumers not to participate in this type of system. (tomcrypto.com/blood-diamonds-shouldnt-buy-bitcoin/)
Blood Diamonds vs. BitCoin
Cryptocurrency has been trending the news a lot recently. The idea of using digital assets is appealing for several reasons, among them being more freedom than what centralized banking systems currently offers. As a result, we have seen organizations like Bitcoin and OneCoin rise in popularity and usage. But is there a downside to these new payment systems? One Forbes columnist, Jason Bloomberg, seems to think so. Bloomberg compared Bitcoins to blood diamonds, warning consumers not to participate in this type of system. (tomcrypto.com/blood-diamonds-shouldnt-buy-bitcoin/)