February 26, 2026

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Alibaba’s Jack Ma Joins the Bitcoin Bashing Brigade but Backs Blockchain

News – CCN
Alibaba’s Jack Ma Joins the bitcoin Bashing Brigade but Backs Blockchain

Jack Ma has joined the bitcoin bashing brigade, although he remains keen on blockchain. Ma, chairman of Alibaba and considered China’s richest man, said during the second World Smart Conference in Tianjin that bitcoin is a bubble, according to a local industry report. In the past, he has said he does not understand bitcoin but

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