A technician inspects bitcoin mining rigs at Bitfarms in Saint-Hyacinthe, Quebec, Canada, in March 2018. Photo: AFP
A technician inspects bitcoin mining rigs at Bitfarms in Saint-Hyacinthe, Quebec, Canada, in March 2018. Photo: AFP
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

Why warnings of a dangerous bitcoin bubble are misleading

  • In the annals of the great financial bubbles, the cryptocurrency is unique, having bounced back after a series of crashes and continuing to set new highs
  • There is increasing institutional interest in bitcoin despite the intense volatility

A technician inspects bitcoin mining rigs at Bitfarms in Saint-Hyacinthe, Quebec, Canada, in March 2018. Photo: AFP
A technician inspects bitcoin mining rigs at Bitfarms in Saint-Hyacinthe, Quebec, Canada, in March 2018. Photo: AFP
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