A leading contender to run the Office of the Comptroller of the Currency, Michael Barr, has a particular cheering section among the shadiest of online financial operators.
cryptocurrency
Posted inMoney, Politics, and Power
Daily Meme: The Collapse of Bitcoin, the Online Currency You Never Fully Understood
Yesterday, Mt. Gox, the world’s largest trading platform for bitcoins-the virtual currency that started circulating online in 2009-suddenly went blank. Bitcoin prices crashed. Bitcoin enthusiasts insisted that this was merely a minor hiccup on the currency’s path to world domination. For those of us who are not immersed in this confusing online culture, the collapse […]