Relevant:
- Bitcoin falls, futures for new 'bitcoin cash' leap 48% as 'miners' officially split currency
- If they're so tired of a depreciating currency, they can use gold
- Gold-for-Bitcoin Trading, Gold-Backed Bitcoins, Explode on the Scene
- Gold Price Skyrockets in India after Currency Ban; Social Mood Getting Ugly
- China gold exchange gains traction as yuan reforms stir interest
2016-11-22 — washingtonpost.com
We strongly suspect that those with the largest amount of ill-gotten gain do not hold their wealth in cash but instead have long since converted it into foreign exchange, gold, bitcoin or some other store of value. So it is petty fortunes, not the hugest and most problematic ones, that are being targeted.
Without new measures to combat corruption, we doubt that this currency reform will have lasting benefits. Corruption will continue albeit with slightly different arrangements.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.