Bitcoin makes its own market | Jeffrey Scharf Everyone’s Business – Santa Cruz Sentinel

Bitcoin makes its own market | Jeffrey Scharf Everyone’s Business – Santa Cruz Sentinel

How do you know when an investment craze is in full bloom? In his classic book “Extraordinary Popular Delusions and the Madness of Crowds”, Charles Mackay describes tulipomania in 1634 in Holland. At the height of the bubble, the owner of an extremely rare specimen was offered 12 acres of building land for his bulb. […]
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