Every boom generates another boom in picks, shovels and other ancillary services.
Some say cryptocurrencies are protection against “inflation.” Yet while the currencies are booming, there is no inflation.
Some say crypto is a protection against a broader financial collapse.
Still others say crypto will offer cheap financial services to the “unbanked” — those millions around the world, from impoverished, undocumented migrants and refugees to Afghan goat herders.
He has received an individual award from the Society of American Business Editors and Writers for his financial writing, and was part of the Boston Herald team that won two others.