Goldbug Schiff: Facebook’s Crypto Will be Bad for Bitcoin (BTC)

Facebook is Bad for Bitcoin?

June 18th is nearing, and that means that Facebook’s crypto asset, expected to be nothing like Bitcoin, is on the verge of becoming full public knowledge. For those who missed the memo, the next week is expected to see the Silicon Valley darling release a white paper regarding its first real foray into the blockchain ecosystem.

As a result of this rapidly approaching date, industry commentators have come out of the woodwork to express their thoughts...

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