Bitcoin Runs on Paranoia. That’s the Beauty of It.
A collection of bitcoin tokens sit in this arranged photograph in London, U.K. (Photographer: Chris Ratcliffe/Bloomberg)  

Bitcoin Runs on Paranoia. That’s the Beauty of It.

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(Bloomberg Opinion) -- Traditionally, the only sort of financial system that works at scale is one decided by courts and enforced by threat of violence. Even back in the days of primitive firepower...
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