Elon Musk, owner of the electric car company Tesla, declared in February that his company would accept the digital currency Bitcoin, as a payment method. The news lifted the shares of the carmaker by around 20%. Three months later, Musk reversed his decision, sold 10% of his Bitcoin holdings and raked in the modest sum of $100 million. Economist and Senior Fellow at the Policy Center for the New South Henri-Louis Vedie noted in his Policy Brief, Bitcoin, a Speculative Virtual Curren ...