A surge in bitcoin in the COVID-19 era outshines gold, but can it last? | CBC News

A return of bitcoin to its stratospheric highs has top financial experts scratching their heads and cryptocurrency boosters saying I told you so.
But while supporters insist that it’s different this time as bitcoin heads back toward its all-time maximum in December 2017 — which at current exchange rates was somewhere around $26,000 Cdn — many fear that inexperienced speculators are again going to get their fingers badly burned.
This time around, not only are the peculiar electronic tokens once m…

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