Summary
- The UK's economic journal FT apologized to readers who did not invest due to its past negative evaluation of Bitcoin.
- It stated that as Bitcoin's price recently surpassed $100,000, demands for an apology from readers have increased.
- Bitcoin is reported to be trading at $101,757.03, up 5.89%.
On the 5th (local time), the UK's economic journal Financial Times (FT)'s daily service Alphaville reported, "Since June 2011, we have explained to our readers that Bitcoin is playing a zero-sum game as a store of value and is an inefficient means of currency exchange."
It continued, "We might have instilled the perception that Bitcoin's price is a measure of hype," adding, "While we stand by these assessments, as Bitcoin's price recently surpassed $100,000, a significant number of readers are demanding an apology from us. Therefore, we apologize to our readers who did not invest in Bitcoin based on our articles."
Meanwhile, BTC is trading at $101,757.03, up 5.89% from the previous day, as of 00:29 on the 6th, based on the Binance Tether (USDT) market.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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