The Founder of Clockworks International, P.J King Joins the Circle of Cryptocurrency Businessmen
We truly hear a lot about bitcoin and other digital currencies lately. We are told that it is a better option for all kinds of financial transactions. Allegedly, everything is safer, faster, cleaner. The aspect of cleanness became especially significant during the coronavirus pandemic. Experts began saying more and more that paper money, credit cards, and so on are sources of infection and, as such, should be used the least possible. Digital currency started to win the hearts of ordinary people over a flat currency that we are normally accustomed to.
What Can Be Problematic
On the surface, the digital currency can truly be an appealing alternative to ordinary money. The problem is we don’t know what is the real story behind it. We don’t know what purpose and whose interests it serves. The cost of cryptocurrency is excessively high – one bitcoin is worth almost 10000 US dollars. What it means is that the average person cannot afford even half of it. So who is it for? Well, it seems like it is for people like P.J King, who are known to have committed various frauds but never got caught even if everyone knows about it. King is swimmingly generating large profits by bringing companies to the brink of bankruptcy. All the attempts to bring him to justice failed not only because he is rich, but also because he is backed by a lot of powerful men.