As Bitcoin hits all-time highs, the infinite wisdom of CNBC and the mainstream press surfaces again as a bizarre news piece suggests the start of an “inflationary period.” Bitcoin Surge ‘Might Not Mean What You Think’ – CNBC The segment from the network’s Trading Nation, which aired Thursday, also included commentators describing Bitcoin as a currency for “buying kidneys.” “Bitcoin is surging – but that might not mean what you think,” an accompanying article reads.
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There has been a lot speculation, shouting matches, opinions, dubious accusations etc. that flew around concerning digital currencies, or like some call them crypto currencies. Some journalists from the more traditional media made unfounded accusations like “Mt. Gox has crashed so Bitcoin will follow suit”. If professionals and academics read things like that what do they think? Are there some that are sceptical or what is the deal? It does seem it’s “all quiet on