The price of bitcoin futures has surged after trading began on the CBOE exchange this week. Photo: Reuters
Richard Harris
Opinion

Opinion

Macroscope by Richard Harris

Why bitcoin could trigger the next global financial crash

Cryptocurrencies like bitcoin are speculative derivatives with nothing to back them up, and that poses a danger to financial system

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The price of bitcoin futures has surged after trading began on the CBOE exchange this week. Photo: Reuters
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