Bitcoin, Magical Thinking, and Political Ideology

Last week, investor Chris Dixon posed a provocative dichotomy when introducing his employer's USD $25M investment in Bitcoin service Coinbase: "The press tends to portray Bitcoin as either a speculative bubble or a scheme for supporting criminal activity. In Silicon Valley, by contrast, Bitcoin is generally viewed as a profound technological breakthrough."

Morgan Sutherland

Source: Bitcoin, Magical Thinking, and Politica…
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Cover image edited on 12/23/14
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