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Cranking it up

Felix Martin, writing in the Daily Telegraph (5th December 2017) says that "We will end by thanking the monetary cranks for inducing some policy sanity – and making our national financial systems fit for purpose once again", meaning (if I understand him correctly) that while bitcoin may not in the long run prove to be a viable alternative to the existing fiat currency infrastructure, it will stimulate the development of things that are and thus make money more suited to the new economy.

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