, Columnist
Bitcoin at $10,000 Is About More Than Mark Zuckerberg
The cryptocurrency’s recent jump marks the return of a speculative dream.
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Apparently, Mark Zuckerberg has helped Bitcoin to surge past $10,000 again, a price it first surpassed in 2017 as part of an epic speculative bubble that popped not long after.
Last week, the Facebook Inc. co-founder unveiled his social network’s cryptocurrency, Libra, a corporate version of Bitcoin that embraces regulation and is backed by fiat money like dollars or euros. (Bitcoin doesn’t and isn’t.)