Bitcoin

In Green Left Weekly #1172, Peter Robson launches a boots-and-all attack on bitcoin, but what is missing amid his torrent of abuse is an analysis of bitcoin and its social potential and impact.

In January, cryptocurrency Bitcoin dropped from a high of US$19,850 to US$6000. It has since risen to a more stable value of about US$10,000, but the wild ride of Bitcoin is a dangerous development in capitalism that should make us wary.

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