As the year that felt like a decade on speed starts to draw to a welcome close, some of us are starting to try to make sense of the timeline of narratives and events. Most of us (myself included) are failing. And that in itself is an intriguing narrative, that sheds light on bitcoin’s rally. Bear with me while I try to explain. On the one hand, we have a rapid rise in the bitcoin (BTC, -3.55%) price, and coalescing institutional support from traditional investors and companies that see potential in crypto assets and markets. On the other hand, we have conflicting economic and social trends. We have blind faith in the ... (full story)