Posted inThe Chain

Fake bullion scam highlights bitcoin’s benefits

The debate over the relative merits of bitcoin (BTC) versus gold heated up this week after reports emerged of counterfeit bars fueling a $2.8 billion corruption scheme. Citing Chinese and Japanese media outlets, Cointelegraph reported that a loans deal between Chinese financial institutions and Wuhan Kingold Jewelry – with gold as collateral – fell apart when […]

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