Bitcoin: cutting its own path to adoption

An ice-breaker ship cutting its path through the Arctic Sea — Image courtesy of Unsplash

Transitioning away from fiat currencies — the worthless money issued by central banks — to money that retains its value, is transparent and reliable in its governance, and cleanly circumvents the labyrinthine regulatory framework of the world’s 195 countries¹ is, for the first time in human history, possible with the invention of bitcoin. Its inventor describes it thus:

A purely peer-to-peer…