The recent bitcoin selloff has spooked plenty of investors, with one expert even claiming that the sharp move has hurt the first and foremost cryptocurrency’s legitimacy.
Lawrence Shover of SFG Alternatives told “Bloomberg Markets” that Bitcoin’s primary problem right now is that there are still too many questions surrounding it — making it little more than a speculative instrument for money-hungry investors.
Of course, if Shover or anyone else wants to truly know what Bitcoin is, all they need to do is take a look at the whitepaper. (Spoiler Alert: it’s “A Peer-to-Peer Electronic Cash System.”)


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BeInCrypto Team
BeInCrypto Team comprises a diverse group of experienced journalists, analysts, and crypto enthusiasts dedicated to delivering the latest news, insights, and analyses in the...
BeInCrypto Team comprises a diverse group of experienced journalists, analysts, and crypto enthusiasts dedicated to delivering the latest news, insights, and analyses in the...
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