There’s the paranoid fear that a spooky cabal of technocrats at the Federal Reserve — unaccountable, incomprehensible — might one day make ordinary money go poof! There’s the success of the young bros who minted a fortune convincing other young bros to embrace the thing — luring a generation with dim job prospects anyway to take a shot at getting rich from their bedroom.
Can that be all, though? You might expect some urgency to find a purpose for a technology that consumes more power than Australia, yet hasn’t been able to develop a real-world function other than paying for […]
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