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Why bitcoin isn’t dead yet


March 11, 2014
By Pete Evans CBC News

March 11, 2014 – It's been a rough month for bitcoin.The digital cryptocurrency was hit
by the biggest challenge it's faced so far when Mt. Gox, the world's largest
bitcoin exchange, suddenly announced that hundreds of millions of dollars worth
of bitcoins were stolen last month. Unable to handle the loss of that much
money, the site has begun formal bankruptcy proceedings. But while Bitcoin critics say
the whole system is just a speculative bubble destined to pop others aren't so sure.

March 11, 2014 – It's been a rough month for bitcoin. The digital cryptocurrency was hit
by the biggest challenge it's faced so far when Mt. Gox, the world's largest
bitcoin exchange, suddenly announced that hundreds of millions of dollars worth
of bitcoins were stolen last month. Unable to handle the loss of that much
money, the site has begun formal bankruptcy proceedings.
But while bitcoin critics say the whole system is just a speculative bubble destined to pop, others aren't so sure. | READ MORE


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