Bitcoin Billionaires Have New Weapon to Woo Mainstream (It’s Working)

Published by
The Street

By Luc Olinga The cryptocurrency market has lost more than $1.1 trillion in value since November, but you’d hardly know by listening to its staunch supporters. The best defense is attack, said Napoleon Bonaparte. When a fighter is under attack, they must parry and avoid blows. And as soon as they feel their strength returning and sense that their opponent is tiring, they can go on the offensive. This appears to be the strategy that the evangelists, millionaires and billionaires of bitcoin and alt coins are now deploying. After spending the first two months of the year taking flak from cryptocu…

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