
Bonus: The Crypto Story by Matt Levine - Part 3
Bloomberg Crypto
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Bitcoin Is a Big Thing
At its peak, the total value of Bitcoin in the world was more than $1 trillion. "There are different ways to interpret what Satoshi was up to and what he accomplished," David Frum says. A minimal generalization of Bitcoin is that it invented a technology for people to send numbers to one another. But the technological accomplishment is not the whole story, arguably not even the most important part.
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