Bob Swarup has extensive global experience in financial markets, macroeconomics and regulation, and  recently released his new book Money Mania: Booms, Panics, and Busts from Ancient Rome to the Great Meltdown. Here, he presents his view on why bitcoin is fated to repeat the perennial cycle of boom and bust.

It is human nature to believe that whatever happens to us is unique. Bitcoin is no exception to this rule.

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