The meaning in the madness of initial coin offerings

There is an ICO bubble. But it holds out the promise of something important


  • by
  • 11 9, 2017
  • in Leaders

MARKETS and manias go together. The latest frenzy is for all things crypto. The price of the best-known digital currency, bitcoin, has risen by nearly 700% this year and is now about $7,500; one enterprising firm recently quadrupled its share price simply by adding the word “blockchain” to its name.

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