cryptocurrencies

Author: Vasil Kanev One of the most remarkable processes we observed in 2017 was undoubtedly the boom in interest in cryptocurrencies, which led to a dizzying rise in the price of the main instrument in this environment - bitcoin. From a price ranging around $ 1,000 for one bitcoin at the beginning of 2017, the market reached levels just below …

Mark Spitznagel, Mises.org With each new peak in the price of Bitcoin, claims that it will become the best store of value of our time – the new gold – become more and more frequent. However, we cannot ignore the fact that it is essentially a speculative investment …