‘Magic Internet Money’ May Be Too Volatile to Attain Gold Status

Bloomberg
Bloomberg
Nov 1 · 4 min read

By Olga Kharif

Back in early 2013, the website BitcoinTalk.org asked users to select a slogan for the embryonic cryptocurrency. The winner was “Magic Internet Money,” with runners-up “In Crypto We Trust” and “You Asked for Change, We Gave You Coins.”

But it’s the tagline that came in eighth, “Digital Gold,” that has become…

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