Page 2 - Bitco Bitcoin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Digital currencies make a lot of sense, however, blog sharers don't need this. look at china. china is now transacting 5.5 trillion dollars on digitdigita currencies. they have their own system which acquired lockchain. india has universal payments interface. transacting billions of dollars all without block change. largest will soon be on difgita and we'll sit hearing having lost our investments in big coin. >> i'm with you. people say, i think bitcoin is out of control but the block chain technology is brilliant. do you believe in block chain technology? >> block chain is valuable for doing ...

>> but it all seriousness, this was not the most reputable -- although one of the largest. so people trusted it in some respect. but the role of bitcoin is basically totally unregulated. so even though this one bad lay ser go er is gop, what assurance does anyone have that the other players aren't going to experience the same problems? >> some companies have better reputations than others. mount gox was large and prominent, but had had suecurit organizations in the path. so other companies are taken more seriously. >> would you feel comfortable putting your money in other players? >> when i fi...

Bitco bitcoin. let's turn to our resident explainer who once lived a whole week on bitcoin for a story. she wrote about the latest developments in her new piece. where does it leave bitcoin? can people be convinced that their money will be safe gaen? i have a little bit of a personal stake. >> i think it will get better. one thing is that it stands for magic gathering online exchange, created for people who had a website to trade cards. so you have these companies that aren't taken that seriously and maybe aren't run by giants of industry. and so not a huge surprise they go down.

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