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Not because I missed the great run-up (though I did) and not because I fear that the bitcoin bubble will end badly (it will, but that’s not my problem). Rather, it is because I have been waiting for decades for someone to invent a purely digital currency, a currency for online purchases that wasn’t linked to a credit card. It was the killer app that no one ever figured out. Thus when bitcoin first emerged, I had hoped that it would be The One. In “Digital Gold,” his book about bitcoin’s origins, Nathaniel Popper quotes an email from Satoshi Nakamoto,…

Not because I missed the great run-up (though I did) and not because I fear that the bitcoin bubble will end badly (it will, but that’s not my problem). Rather, it is because I have been waiting for decades for someone to invent a purely digital currency, a currency for online purchases that wasn’t linked to a credit card. It was the killer app that no one ever figured out. Thus when bitcoin first emerged, I had hoped that it would be The One. In “Digital Gold,” his book about bitcoin’s origins, Nathaniel Popper quotes an email from Satoshi Nakamoto,…

Not because I missed the great run-up (though I did) and not because I fear that the bitcoin bubble will end badly (it will, but that’s not my problem). Rather, it is because I have been waiting for decades for someone to invent a purely digital currency, a currency for online purchases that wasn’t linked to a credit card. It was the killer app that no one ever figured out. Thus when bitcoin first emerged, I had hoped that it would be The One. In “Digital Gold,” his book about bitcoin’s origins, Nathaniel Popper quotes an email from Satoshi Nakamoto,…

Not because I missed the great run-up (though I did) and not because I fear that the bitcoin bubble will end badly (it will, but that’s not my problem). Rather, it is because I have been waiting for decades for someone to invent a purely digital currency, a currency for online purchases that wasn’t linked to a credit card. It was the killer app that no one ever figured out. Thus when bitcoin first emerged, I had hoped that it would be The One. In “Digital Gold,” his book about bitcoin’s origins, Nathaniel Popper quotes an email from Satoshi Nakamoto,…

Not because I missed the great run-up (though I did) and not because I fear that the bitcoin bubble will end badly (it will, but that’s not my problem). Rather, it is because I have been waiting for decades for someone to invent a purely digital currency, a currency for online purchases that wasn’t linked to a credit card. It was the killer app that no one ever figured out. Thus when bitcoin first emerged, I had hoped that it would be The One. In “Digital Gold,” his book about bitcoin’s origins, Nathaniel Popper quotes an email from Satoshi Nakamoto,…