Breakingviews - Bitcoin offers economics lesson, if little else - Reuters

12:02pm PST - January 5th, 2021    robinhood - Reuters

Bitcoin is an economics lesson masquerading as an asset. The value of the cryptocurrency took over a decade to top $20,000, yet it then eclipsed $30,000 roughly two weeks later in the early days of 2021. It's a textbook case of speculative demand meeting scar…