The title of Rob Cox's post says it all, except perhaps for the money laundering angle. Easier to launder money using Bitcoin or put it differently, I'm not aware of any federal criminal cases where prosecutors are alleging money laundering through the use of Facebook stock.
Specially after buying Whatsapp messaging app FB is experiencing a huge downfall that people are now comparing the Facebook shares with Bitcoin.
ReplyDeleteWhat I find surprising is that some investors were surprised about WhatsApp's revenues. They charge next to nothing for a service that requires heavy infrastructure to maintain.
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