Bitcoin is just the poster currency for a growing movement of alternative tender
Like the trillion-dollar platinum coin several months ago, Bitcoin has jumped from a technical curiosity to “mainstream” financial news. It has become an object of economic escapism—but the kind you can’t escape from. Whether it continues to grow as a phenomenon has yet to be seen, but the underlying curiosity tells us that there is growing skepticism about global financial systems’ long-term viability, and a correlated grassroots interest in returning to smaller scale, offline, more locally-focused systems of exchange. [...]
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