I have to agree with Susan @[William K.](user:30001), clearly #bitcoin has value or people wouldn't be hoarding billions of it. The question is, as you said, if it will have staying power. I wouldn't be surprised if it crashed to zero at some point, or was surpassed by some new cryptocurrency.
#China is the king of pirating. I wonder though... did these companies simply steal their US counterpart's ideas? If so, there's nothing inherently wrong with it. Building a better mousetrap is good for competition and good for consumers. But did they just steal the idea, or did they steal/copy the techonology underthehood as well? That would be illegal in the US, but gets a pass in China if it benefits a Chinese company at the expense of the US.
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I have to agree with Susan @[William K.](user:30001), clearly #bitcoin has value or people wouldn't be hoarding billions of it. The question is, as you said, if it will have staying power. I wouldn't be surprised if it crashed to zero at some point, or was surpassed by some new cryptocurrency.
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#China is the king of pirating. I wonder though... did these companies simply steal their US counterpart's ideas? If so, there's nothing inherently wrong with it. Building a better mousetrap is good for competition and good for consumers. But did they just steal the idea, or did they steal/copy the techonology underthehood as well? That would be illegal in the US, but gets a pass in China if it benefits a Chinese company at the expense of the US.
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