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The Economist
7 mins | May 13, 2020

Getting down with the cool kids on bitcoin

The Economist explains how investors might learn to stop worrying and love crypto. "Start with the ingenuity. Even people who are hostile to bitcoin will concede that its technology is fiendishly clever. It is essentially a way of accounting for who has spent what. Instead of a central exchange to keep score, and to verify payments and receipts, it uses an electronic ledger that is distributed across the entire system of bitcoin users. The system’s dispersed nature means that tampering with the accounts would require gaining control over a majority of the network’s computers. That is an important source of trust in bitcoin."

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