Bitcoin’s bounce doesn’t settle the biggest worries about crypto

From bnnbloomberg.ca

Digital currencies are back, at least if you ask the crypto faithful. The U.S. Securities and Exchange Commission has at last approved Bitcoin exchange-traded funds — begrudgingly, with a hard nudge from the courts. Renewed investor enthusiasm in risky assets such as technology stocks seems to have rubbed off on tokens, too. If you bought Bitcoin in the depths of the crypto winter at the end of 2022, you’re up more than 180 per cent. You’re entitled to brag. But for the rest of us, who might feel a shade of the old fear of missing out, a discussion of survivor bias is in order. The prices of a few big coins ... (full story)