, Columnist
Bitcoin’s Biggest Name Forgot a Rule for Selling Shovels
Bitmain should know that in a gold rush, get paid in cash.
Coin of the realm.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
We all know the sage advice that in a gold rush the best thing to do is sell shovels.
My caveat would be to ensure you’re paid in cash. And just to be clear for the modern world, this does not mean getting paid in Bitcoin Cash.