It’s a relatively new religion, one that has blown up in recent years, and has now become a global phenomenon that is luring wide-eyed investors — and worrying regulators.
The price of bitcoin has soared by more than 3,500 per cent over the past five years — crashing badly along the way.
And from the beachfront I spot a plane pulling a banner reading ‘Free Bitcoin’ flying overhead, while a boat with a huge cryptocurrency advert chugs along the shore.
Alongside the fun and games, there are serious companies offering you the chance to ‘retire with crypto’, get a mortgage using cryptocurrency and sort out your tax affairs.
Today, it’s a boutique hotel and events venue.
On another stage, an angry young man wearing a baseball cap repeatedly swears and insults anyone who doubts bitcoin’s potential.
Treat it any other way, and, like a pasty Englishman on Miami Beach, you are going to get burnt.
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