/biz/ - Business & Finance

1. Desire to move money off-shore in the face of capital controls, mostly among political elite looking the other way.

2. Government subsidized power (not officially).

3. Easy access to infrastructure.

4. Probably a strategy to rape coin-holders down the road in a 51% attack when it suits the CCP to do so, which argues for coins less reliant on proof of work.

5. Seriously fucked up banking system & low trust in institutions.

6. Lots of money.

7. Culture of gambling.

8. Low trust in equities & equity regulations.

9. First (real) mover advantage.

FED wire system fails temporarily.
The board tells the tail.
XRP is utter shit.