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By Connor Brooks on ALTCOIN MAGAZINE

A few weeks ago, The Economist published an article called “ The Madness of Crowds,” which focused on the subject of Bitcoin and cryptocurrencies. Needless to say, the article was not in favor of cryptocurrencies having a bright future, claiming that “the flaws revealed by the cryptocurrency bust make a lasting revival unlikely.”

The article followed with a slew of negative news, citing the closing of CBOE’s Bitcoin futures, Bitmain’s decision against going public, and how a significant portion of Bitcoin transaction data has been overrepresented. …



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