Is Bitcoin On The Verge Of Being Wrong?

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Mark Melin
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Tech Crunch, promoter of all things digital, points out a problem with Bitcoin’s image.  In a recent opinion piece John Biggs, the publication’s East Coast Editor, who has written for the New York Times, Popular Mechanics, Money and was former editor of Gizmodo.com, thinks Bitcoin is “on the verge of being wrong.” “I’m a BTC fan,” he writes. “I understand the value of the system as a .zip file for wealth. But Bitcoin has an image problem. Its followers see themselves as freedom fighters, attacking outsiders with vengeance and talking up their own accomplishments in the language of the already victorious,”…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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