2min chapter

Against the Rules with Michael Lewis cover image

On Background: Crypto Skeptic Proven Right

Against the Rules with Michael Lewis

CHAPTER

The Pros and Cons of Bitcoin Over the Years

The idea that Bitcoin was going to become the world's currency was really popular at one point. And then people realized that, oh, it doesn't function as well as a currency at all. When you have an extremely volatile asset, people don't want to just trade it around for their rent or a hamburger. But there's also a problem with its ability to just process transactions.

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