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Vox: Bitcoin’s price keeps breaking records

Dr Garrick Hileman, Research Fellow at Cambridge Centre for Alternative Finance, based at Cambridge Judge Business School, comments on the increasing value of Bitcoin. “Based on the data we’ve collected, we think speculation is the primary driver,” he says. “Surveys show most users buying and selling bitcoin for speculative purposes rather than to buy things or send cash to other people.”

Read the full article [vox.com]