Posts Tagged ‘Bitcoin’

Bitcoin and Blockchain – Bubble, Bubble Toil and Trouble

Tuesday, July 10th, 2018

Can Bitcoin and Blockchain be compared with the misquoted line from Shakespeare's play Macbeth, "Bubble, Bubble Toil and Trouble?"

Unfortunately, Shakespeare never published his play Macbeth with the line "Bubble, Bubble Toil and Trouble" in it.  Instead, he published "Double, double toil and trouble, Fire burn, and cauldron bubble", recited in unison by three witches pondering the fate of Macbeth in Act 4, Scene 1.

Is this oft-misquoted line from Shakespeare well suited to the current over-inflated and breathless puffery surrounding Bitcoin and Blockchain?

Let's look further at both.

One of these (Bitcoin) is cited as the first coming of digital currency, the other (Blockchain) is routinely cited as the disruption agent de jure of just-about-everything.

  • Is Shakespeare's use of the Witches incantations relevant to Bitcoin and blockchain today?
  • Are we living in a new age of Tulip-mania dressed up in digital concept garb?
  • Does the current market hype and craze surrounding Bitcoin and Blockchain have legs to them?
  • When can we really expect Bitcoin to stabilize and Blockchain to become real?

Read on for unseen insight.