Bitcoin Lessons
https://www.tbray.org/ongoing/When/202x/2025/01/04/Bitcoin-capitalismHere we are, it’s 2025 and Bitcoin is surging. Around $100K last time I looked. While its creation spews megatons of carbon into our atmosphere, investors line up to buy it in respectable ETFs, and long-term players like retirement pools and university endowments are looking to get in. Many of us are finding this extremely annoying. But I look at Bitcoin and I think what I’m seeing is Modern Capitalism itself, writ large and in brutally sharp focus