are focused on a cashless society for Chinatrying to make sure the society is more efficient, more transparent, with no corruption, he concluded. The company was reported to have started a cryptocurrency mining platform back in January. this is not the first time that Ma has described bitcoin as a bubble. The overwhelmingly popular mobile payment app Alipay, run by Alibaba affiliate Ant Financial, reportedly has 450 mln users. Do your market research before investing in cryptocurrencies.
Warren Buffett, Charlie Munger, Bill Gates and many others. But Behind bitcoin, the technology itself, is really very powerful. Chinese business magnate Jack Ma is confused by bitcoin and is not interested in learning more about the emerging cryptocurrency asset class, even though his company is pouring significant resources into blockchain development. Bitcoin is a Bubble, on the subject of bitcoin, Ma ironically called the worlds most popular and secure blockchain,.e. Investopedia makes no representations or warranties as to the accuracy or timeliness of the information contained herein. In the past, the Alibaba founder had shown a lack of interest in Bitcoin.
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