Why Bitcoin Is Soaring, Again

Why Bitcoin Is Soaring, Again
Bitcoin coins in London on Dec. 7, 2017. Dan Kitwood/Getty Images
Jeffrey A. Tucker
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Commentary

When bitcoin first hit $1,000, I figured that all the arguments about its authenticity as a scarce and valuable good would be over. I was wrong of course, but I learned the following. You either get it or you do not. Plus, people are incredibly attached to their own theories of how the world should work. If you think bitcoin is a scam, you will always believe that, even if it hits $1 million.

Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]
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