Don’t Blame Bitcoin for a Madness of Men

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Dr Philippa Ryan is a techer in polite use and blurb equity during a University of Technology Sydney. Dr Ryan’s area of imagination is blurb equity, in sold a guilt of third parties to a crack of trust.

In this opinion piece, Ryan discusses a attribute between perceptions of bitcoin as a record and activity in a historically violent global markets.

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The practical banking bitcoin is much-maligned, partly due to a untrustworthy story and a diagnosis as a trade commodity. However, with a dismantling of Silk Road and a fall of Mt Gox, bitcoin is no longer a small game for drug dealers and anticipation gamers.

It has genuine intensity as a means to control seamless and secure online transactions. Its purpose as a pivotal actor in a FinTech destiny should be assured.

But in sequence to grasp this status, a cost needs to stop vacillating so wildly. The categorical means of a bitcoin rollercoaster has been speculation. Speculation has consequences.

In 1720, when a South Sea Company collapsed, Sir Isaac Newton famously quipped, “I can calculate a transformation of a stars, though not a stupidity of men”. Newton was referring to a demoniac trade in

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