ArticleRich.com: Investing | Wealth Building: China Forces Bitcoin into a Corner Posted By : Frank Stafford

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China Forces Bitcoin into a Corner Posted By : Frank Stafford Dec 28th 2013, 05:00 Bitcoin has recently received much attention from not only news stations, but shrewd investors. With its volatile, yet precipitous burst in value, Bitcoin appeared to be a great way for risky investors to earn some easy cash. However, recent Chinese legislation prohibited banks from accepting Bitcoin deposits, making this currency\'s campaign to be recognized as a legitimate world currency end short.

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