Bitcoin: a ‘libertarian Ponzi scheme’

Bill Bonner explains why the promise of virtual currency could spark a revolution.

The Dow closed over 16,000 yesterday. Glory hallelujah! Onwards and upwards from now and for all eternity.

Oh, dear reader, tears came to our eyes as the bell rang and we reflected on the majestic delusion that drives stocks higher and higher, day after day, to some breathtaking pinnacle.

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MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.