The Economist, 1/1/0001 12:00 AM PST Print section Print Rubric: The first split of the digital currency may not be the last Print Headline: Knives and forks Print Fly Title: Bitcoin’s civil war UK Only Article: standard article Issue: How to avoid nuclear war with North Korea Fly Title: Knives and forks Main image: 20170805_fnp501.jpg COMPARED with Brexit, Bitexit seems a piece of cake. On August 1st, without much agonising or awkward negotiations, a group of Bitcoin activists and entrepreneurs managed to create a second version of the crypto-currency. It immediately gained a following: as The Economist went to press, a unit of “Bitcoin Cash” had a price of $460 and tokens worth $7.6bn were in circulation (although that is still much smaller than Bitcoin classic, which stood at about $2,700 and nearly $45bn). This “fork”, as such events are called, came earlier than expected. But ... |
The Economist, 1/1/0001 12:00 AM PST Print section Print Rubric: The first split of the digital currency may not be the last Print Headline: Knives and forks Print Fly Title: Bitcoin’s civil war UK Only Article: standard article Issue: How to avoid nuclear war with North Korea Fly Title: Knives and forks Main image: 20170805_fnp501.jpg COMPARED with Brexit, Bitexit seems a piece of cake. On August 1st, without much agonising or awkward negotiations, a group of Bitcoin activists and entrepreneurs managed to create a second version of the crypto-currency. It immediately gained a following: as The Economist went to press, a unit of “Bitcoin Cash” had a price of $460 and tokens worth $7.6bn were in circulation (although that is still much smaller than Bitcoin classic, which stood at about $2,700 and nearly $45bn). This “fork”, as such events are called, came earlier than expected. But ... |