Mark Barnes Columnist

A bubble-bath in financial markets is a sequence of events, not a romantic invitation. Bitcoin was invented nearly 10 years ago, by an unknown person known as Satoshi Nakamoto, as the new peer-to-peer currency of the world. Perhaps it sought to replace gold as the non-fiat currency of choice and that’s why you should go mining for it? I truly don’t know. I’ve got matric and yet I still haven’t yet read an article on cryptocurrency without coming across words or acronyms I’ve never seen before and don’t understand. I think they (the crypto-people) do this on purpose, lest we work out the extent of hot air in their bubble. There are none so eager to nod their heads in agreement than those who truly do not understand. The crash of the bitcoin bubble has been spectacular, losing about 80% of its value over the past year. That rivals the Nasdaq Composite index collapse at the time of the dot-com bubble burst in 2000 and beats hands-down the Tulip mania in Holland (1630s), the South Sea C...

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