James Delingpole James Delingpole

James Delingpole: Those bitcoin weirdos might just be right

Cryptocurrencies are an enemy of state power. That's what makes them exciting – and risky

[Getty Images/iStockphoto] 
issue 04 January 2014

Here’s a thought to kindle a lovely warm glow of smugness and schadenfreude as we enter a new year: you didn’t lose your fortune in the great bitcoin bubble of 2013.

The reason I know you didn’t is because few Speccie-reading types of my acquaintance even understand what a bitcoin is, let alone how you might go about buying one, or why it might be important for the future of everything.

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