Cryptocurrency And Water
![Jim Lauria Jim Lauria](https://vertassets.blob.core.windows.net/image/fefa8fdd/fefa8fdd-5c1c-4809-885c-12595ee58b02/81_54-jimlauria.jpg)
By Jim Lauria
![GettyImages-1310266075 GettyImages-1310266075](https://vertassets.blob.core.windows.net/image/43a73f90/43a73f90-5154-41ca-85b1-0e2b871439ff/375_250-gettyimages_1310266075.jpg)
With the meltdown of FTX and the price of Bitcoin sinking to a quarter of its high water mark of over $64,000 in value (now maybe two bit Bitcoin?), I decided to resurrect my 2018 post Is Cryptocurrency Going Down the Drain?...
Talk about making waves. Cryptocurrency — digital “tokens” or “coins” rooted in computer code and valued for the very fact that they are disconnected from governments and banks — have experienced spectacular rises and falls in recent months. The crypto-economy is already worth hundreds of billions of dollars (REAL dollars!), and it’s anyone’s guess how fast it will grow after that.
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