The True Significance of Bitcoin
The recent troubles of an imperfect technology shed light on cybersecurity and e-commerce — past, present and future.
Jeffrey Kutler
December 17, 2025
A man poses for a photograph with a mock Bitcoin outside the ANXBTC store, operated by the ANX Bitcoin exchange, in Hong Kong, China, on Friday, Feb. 28, 2014. ANX, a Hong Kong-based platform for trading virtual currencies, opened the first retail store in the city that allows individuals to buy and sell Bitcoins in Hong Kong dollars. Photographer: Brent Lewin/Bloomberg
Brent Lewin/Bloomberg
