Peter McCormack

Peter McCormack hosts 'The What Bitcoin Did' Podcast

What Bitcoin’s crypto critics get wrong

What’s the truth about Bitcoin? Critics couldn’t be clearer: it’s a fad that can’t decide whether it’s a currency or a speculative investment. ‘You’re betting, essentially, on being the last person holding the bomb before it goes off,’ wrote Sam Leith on Coffee House. Many others agree. But Bitcoin’s critics are wrong: there’s nothing faddish