The arguments for a cryptocurrency revolution can tend to sway toward appearing more like get-rich-quick schemes than balanced debates. The regulatory risk overhang, constant scams, and technological immaturity of the movement mean that long-term success is far from certain. In this article, Jonathan Sterling addresses the other side of the argument: the bear case for a crypto future. He shines a light on the problems blighting cryptocurrencies and some remedies for them, drawing upon comparisons with historic bubbles, some centuries old.
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