Commit to the Bit
CRYPTOCURRENCY’S BLEND OF OPAQUE TECHNICAL JARGON, obtuse regulatory schema, and flagrant gambling has, since its inception, made it a magnet for characters you could generously call “colorful.” This was the case in 1992 when a squad of anarcho-libertarian Neal Stephenson fans first started gossiping about the idea on the cryptography listserv “Cypherpunks.” It was likewise true in 2008 when someone (or multiple people) using the moniker Satoshi Nakamoto sicced Bitcoin on the internet. Nakamoto—speculated, at various points, to be a Rhodesian cartel boss, a Palm Beach County detective who died