From McDonalds to the Data Science Institute: My Bitcoin Experience

Master’s student Harry Pettit investigates the strange new world of bitcoin with a visit to Imperial’s Data Science Institute. When I set out on a journey to find out more about cryptocurrencies, I hadn’t envisioned myself meeting a complete stranger outside McDonald’s on Camden High Street. For all of the misgivings I had in the lead up to our ‘deal’, Daniel looked entirely normal and shook my hand with a warm, friendly smile. “Right, shall we head inside?” We’d arranged the meet-up via popular trading website LocalBitcoins, where sellers post an ad with a price per Bitcoin. The site has a traffic light system for reputation; Daniel boasted an excellent rating of 96% positive reviews. Yet my stomach tensed as I slid the cash across our small, plastic table. I…


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