we have been talking about the bitcoin so much in the last week. over the past year, let alone several years, we have not ever seen so much moving in price. one of the things you want to capture this is a staggering statistic. less than 1000 people hold 40% of the markets are going. with the price going up so much, some of the people we know, when one of these big owners, it can cause an extreme drop in price because of the concentration of ownership in the hands of relatively few good what we are few. what we are looking at with cryptocurrency, forget the broader debate about bitcoin. this is a real problem for the market transparency. a situation where people don t even know who the owners of the bitcoin are. it s not similar to win a big bigo win a bit when a shareholder sells off. it s exacerbating it. we will see things like the cme introducing futures on bitcoin. will this increase transparency, liquidity and perhaps reduce the impact? that s the hope, tha
megan murphy. the lead in the finance section is on bitcoin. we have been talking about the so much in the last week. politics, i than think we have talked most about the coin. over the past year, let alone several years, we have seen volatile moves and price. one of the things we want to show this is a staggering statistic. less than 1000 people hold 40% of the world s bitcoin. with the markets being as volatile as it is with the price , going up so much, some of the people we know, when one of these big owners, when they sell, it can cause an extreme drop in the price quickly because of the concentration of ownership in the hands of relatively few. what we are looking at with cryptocurrency, forget the broader debate about bitcoin. this is a real problem for the market transparency. this is a situation where people don t know who the owners of the who the owners of bitcoin are. it is exasperating that that authority there. julia: we are going to see exchanges like the c
what a year it is in between the bankruptcy, devastation by the hurricane. it is far from over. people cannot even find 2-d. find food to eat. megan: it is a true humanitarian crisis. when it was just the debt crisis and the bankruptcy of puerto rico or the electrical grid or the bankruptcy of what was going to happen with this mass exodus, now people are without water and food and electricity. we are still having the kind of politicking we are seeing in the u.s. over it. we are hopeful, both at business that by bloomberg, calling attention to it that hopefully, perhaps for once in recent times we would wade through the washington quagmire and get help down there. julia: you get a sense of the real devastation of the country. think about that. think about being in the dark. what you have medicine that is to be refrigerated? your diabetes patient getting access to clean water in puerto rico. it is crazy. but we have is a country that was so badly affected by a next of this o
bankruptcy, devastation by the hurricane. it is far from over. people cannot even find food to eat. megan: it is a true humanitarian crisis. when it was just the debt crisis and the bankruptcy of puerto rico or the electrical grid or the bankruptcy of what was going to happen with this mass exodus, now people are without water and food and electricity. we are still having the kind of politicking we are seeing in the u.s. over it. we are hopeful, both at businessweek and bloomberg that by calling attention to it that hopefully, perhaps for once in recent times we would wade through the washington quagmire and get help down there. julia: you get a sense of the real devastation of the country. megan: think about that. think about being in the dark. what if you have medicine that is to be refrigerated? your diabetes patient getting access to clean water in puerto rico. it is crazy. but we have is a country that was so badly affected by an exodus over the years, they need to repay
chief of bloomberg businessweek macon murphy. megan murphy. in opening remarks you look at puerto rico. what a year it is in between the bankruptcy, devastation by the hurricane. it is far from over. people cannot even find food to eat. megan: it is a true humanitarian crisis. it is affecting what is an american territory. when it was just the debt crisis and the bankruptcy of puerto rico or the electrical grid or the bankruptcy of what was going to happen with this mass exodus, now people are without water and food and electricity. they could be without electricity for six months. and we are still having the kind of politicking we are seeing in the united states over it. , but thateful businessweek and bloomberg that by calling attention to it that for once inerhaps recent times we could wade through the washington quagmire and get help down there. julia: i mean the pictures hit you in the stomach and you get a sense of the real devastation of the country. megan: think abo