Coming soon: Bitcoin is a con

Politics-depending, I think I might put on my economist hat this weekend, and write about bitcoin.

Bitcoin, as you may have noticed, swings wildly in price, and the recent increase (today's drop notwithstanding), baffles anyone who tries to assess value in conventional ways.

This is nuts.  The bubble might burst completely before this weekend, or bitcoin could double in price.  Who the hell knows?  Bitcoin prices are insane.  Given the range of possibilities and the wild swings over the last week or so (and even today), I'm putting this up now.

I'll try to get something up this weekend.  Unless something blows up, politically.  Or, in the actual, physical world.  Unfortunately, that could happen too.

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