Lionel Laurent, Columnist

Bitcoin Has Some Bad News, and Nobody Cares

The warning signs are flashing. But no-one wants to even look.
Photographer: Christophe Morin/Bloomberg
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What would dampen a buyer's enthusiasm for Bitcoin, the cryptocurrency whose uncharted, speculative price bubble has eclipsed history's tulip manias and gold rushes?

Three things come to mind: a security breach or theft, a major retailer warning against its patchy record as a method of payment, and a cooling of Wall Street's already frosty view of the coin.