A bit over a month ago on the launch of the Chicago Mercantile Exchange’s Bitcoin trade I predicted a déjà vu. Here was the subprime mortgage disaster, sprinkled with the dot com boom, mixed in a glass of fresh 21st Century hubris waiting to bubble over. So, the question I posed with overt sarcasm, was how many olives would it take to send this martini splashing over its side?
Then I realised this is complex stuff. Bitcoin, cryptocurrency and blockchain are awe-inspiring feats of human ingenuity. They rank right up there with tourist space travel and driverless cars.