Bitcoins - proper or play money

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Blockchain firm, Valereum plans to take over the Gibraltar Stock Exchange with the sole intention of trading cryptocurrencies such as bitcoin and dogecoin alongside conventional bonds. If the plan works, the British enclave will become a global cryptocurrency hub; if it goes wrong, Gibraltar risks diplomatic sanctions that could have a devastating impact on its economy.
 
“A tautology does not a currency make” said Thomas Belsham of the Bank of England’s stakeholder and media engagement division who warns the scarcity of the crypto asset, limited to 21m bitcoin, may be the key attraction to investors but it could ultimately render it worthless. 

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