Last Wednesday, while the markets were strongly corrected, Bitcoin lost 25%, the Bloomberg index “Galaxy Crypto” idem. According to an analysis by Think Market “it failed its first safe haven test”. In addition, the CoronaCoin (nCoV) is a scandal! Launched on February 20, on Reddit (https://www.reddit.com/r/CoronaCoin/) its founder had the opportunistic, but nonetheless rather gloomy, idea of varying its price according to the number of deaths caused by the virus. Indeed, the number of tokens decreases when the number of victims increases. Internet users denounced this initiative with rage…but the founders promised to donate part of the tokens (20%) to the Red Cross. I am surprised to see that, apart from the Forbes US website (article: “Avoid this new currency”), where the instructions are clear, many cryptos specialists consider the CoronaCoin as “in bad taste”, but do not advise against it. It’s a pity…
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