Bitcoin takes a dive! The next illusionary fiat is online.
Instead of having something tangible in your hand that has no value (dollar=fiat). Now people are taking their hard earn monies and throwing it away without a second thought with digital currency. The Matrix is alive and in full swing. Just today, CNBC assess the Bitcoin fall and states, “Digital currency bitcoin fell Tuesday as the 20 largest digital currencies by market capitalization all declined, according to CoinMarketCap.
Bitcoin traded 12 percent lower near $9,817 as of 1:19 p.m. ET on Tuesday, according to CoinDesk’s bitcoin price index, which tracks prices from digital currency exchanges Bitstamp, Coinbase, itBit and Bitfinex.
Bitfinex was subpoenaed by the U.S. Commodity Futures Trading Commission last week, Bloomberg reported, citing a source. Tether, which claims to link its coins to major government-backed currencies, was also subpoenaed, the report said. The companies and the commission did not immediately respond to a CNBC request for comment.