The Bitcoin Bubble and the Future of Currency – felix salmon – Medium

The Bitcoin Bubble and the Future of Currency – felix salmon – Medium

The Bitcoin Bubble and the Future of Currency

A few days ago, the value of all the bitcoins in the world blew past $1 billion for the very first time ever. That’s an incredible achievement, for a purely virtual currency backed by no central bank or other authority. It’s also improvised: we’re in the middle of a bitcoin bubble right now, and it’s only a matter of time before the bubble bursts. Read More