BCA Research’s chief global strategist, Peter Berezin, predicted that Bitcoin’s Achilles heel will begin to scare off corporate investors off and cause governments to erect more obstacles to it success. The first to flee will be environmental, social, and governance-focused funds he said, adding that they will shun companies involved with Bitcoin, not just the cryptocurrency itself.
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- Mural "tankman" in memory of the Tiananmen massacre of 1989. Vogelsanger Straße 283, 50825 Köln-Ehrenfeld (via Wiki Commons).
30 Years Later, Tiananmen Square a reminder of Chinese threat to innovation
China may be able to add another arrow to its quiver of intellectual theft: cryptocurrencies
The most promising aspects of digital assets—transactional speed and freedom, financial inclusion, and most of all anonymity—are antithetical to Chinese Communist values. And yet, in many respects, China has taken the lead on investing in this burgeoning technology.