Key Points
In 1917, Maisie Plant, the young wife of a rich businessman, couldnt stop admiring a magnificent double strand of pearls from Cartier..
Pierre Cartier offered to swap the necklace, priced at $1 million, for the Plants mansion on Fifth Avenue and 52nd Street in Manhattan..
If youre tempted to buy bitcoin or one of the newly minted exchange-traded funds that hold it, whether it turns out to be digital gold is critically important..
Betting that bitcoin is digital gold implies that it will be as durable a store of value, especially as government-issued currencies lose purchasing power over time..
However, if a programming flaw goes undetected long enough to be widely adopted, that could compromise the stability and security of the bitcoin networkwhich, in turn, could deal a severe blow to the currencys value..
