Is this a Déjà Vu?
Do you remember what you were doing in late 2013 – early 2014? I do, I was scrolling through my LinkedIn, Facebook, and Twitter feeds and it was all about Bitcoin. Bitcoin had recently crossed the $1000 threshold for the first time, and two days later one coin was worth almost as much as an ounce of gold. I remember reading about this and thinking, “This could shape our relationship with currency in the future, and even change the way we think about stores of value” – not an easy thought, especially for an economist.