Spinning its own world wide web of wonder: Is Bitcoin today like the internet in the 1990s?

Crypto growth echoes web's nascent growth and boom

clock • 5 min read

Bitcoin is back in the headlines and the prices have been going wild again.

For many professional investors, Bitcoin remains a silly fad, a bubble useful only for criminals and clueless speculators. I believe it is much more than that and this year we are seeing a growing number of financial institutions agreeing. If you manage a portfolio, you should at least be aware of the reasons some money managers are buying Bitcoin, even if ultimately you decide it is not for you. Bitcoin hit £30,000 per coin earlier this year and although it has dipped in value since, it has not taken a nosedive in the way it did after the last high in early 2017.  The safe have...

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