344K Followers
·
Follow

The rise and fall of bitcoin

Investors in bitcoin are learning some very old lessons

Image for post
Image for post
Culture Club/Getty Images

The great Sir Isaac Newton may have revolutionised our knowledge of the world but he still had his blind spots. He was sucked into the great mania of his day, the South Sea Bubble (pictured) and lost a lot of money. “I can calculate the motion of heavenly bodies but not the madness of people,” he ruefully reflected. In…

To keep reading this story, get the free app or log in.
Read the rest of this story with a free account.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store