Bitcoin will be remembered as a historically insignificant fallacy

Unlike other important ideas, problems associated with cryptocurrencies remain unsolved

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An advertisement of Bitcoin near Shibuya train station in Tokyo in January 2018: There was never a real market test for bitcoin's fantastical claims.  © AP

Neil Seeman is a senior fellow at the Institute for Health Policy, Management and Evaluation at the University of Toronto, where he is senior academic adviser to the Investigative Journalism Bureau and a senior fellow at Massey College. He is chairman of RIWI.

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