"If bitcoins are consumed so quickly, what exactly they are spent on?"

Bitcoin Banklkomat in the South California store. Photo: Lucy Nicholson / Reuters

Chris Skinner, perhaps, is the most popular financial blogger in Britain, with greed tracks all the significant events taking place at the front edge of banking and payment technologies. His last book “Valueweb. As financial companies use blockchains and mobile technologies to create the Internet of Values ​​”was released in the west last year, and will soon appear in the book in Russian translation (from the MANN, Ivanov and Ferber publishing house). The author, who had previously looked widely open at the exciting capabilities of cryptocurrencies, is now firmly convinced that he has been prepared for a great future. Bitcoin, whose course at the beginning of the year was $ 1000, is now trading at $ 6,000, which causes a lot of unrest among investors. The financial authorities have complex emotions and the financial authorities: they still have not decided what to do with it. However, if politicians and economists find approaches to the regulation of cryptocurrencies, the real world will be able to remain in harmony with virtual. And it is necessary to regulate this market, confident Skinner. Otherwise, wait for trouble.

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