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Lionel Laurent

When the Bitcoin Bubble Bursts

You can't separate the growth in crypto-currencies and frothy financial markets.
Photographer: Chris Ratcliffe

Financial markets are frothier than a millennial's 3-D latte. Investors are scrambling to throw money at Argentina, Vice Media and George Clooney's tequila. Only the crypto-currency craze seems to give us comfort there are worse bubbles out there.

The latest warning against digital currencies comes from Aberdeen Asset Management's top venture capitalist, Peter Denious. He blames a feeding frenzy of speculation for the explosion in prices and new coins.