But its fanboy president can’t help but buy more of it
While the Bitcoin ponzi scheme has been crashing and burning, one of its key fanboy’s El Salvador’s president cannot admit he has made a mistake.
President tells them to sling their hook
The US government has been told to sling its hook by Bitcoin fanboy El Salvador President Nayib Bukele.
Linus Torvalds has squashed an internet rumour that he is Bitcoin creator Satoshi Nakamoto.
At this rate the Mexicans will not want it back
Texas, which has one of the most dodgy power grids in the US, is about to be hit by a surge in demand for electricity that's twice the size of Austin's as part of local government policy.
Done too quick
The move by El Salvador to move to Bitcoin as legal tender has been greeted with praise and brickbats across the financial markets.
Bitcoin investors are getting desperate
Desperate to stop haemorrhage losses in Bitcoin value, some wise guy thought it a wizard idea to spread a rumour that Amazon was going to start accepting the monopoly money.
Will be traceable or be banned
Proposed changes to EU law would force companies that transfer Bitcoin or other crypto-assets to collect details on the recipient and sender.
What a waste
Malaysian authorities seized 1,069 bitcoin mining rigs, laid them out in a parking lot at police headquarters, and used a steamroller to crush them, as part of a joint operation between law enforcement in the city of Miri and electric utility Sarawak Energy.