When bitcoin prices tumbled in March as the coronavirus pandemic hit the U.S., it cast doubt on the notion that digital currencies might serve as a safe haven amid gyrations in traditional securities. But it turns out bitcoin could be a flight-to-safety play after all. After gaining ground more or less steadily since spring, bitcoin’s price has surged this month, crossing the $18,000 mark this...
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The Heir Who Wants to Be Mayor
Hi, welcome to your Weekend.To spend time with Daniel Lurie is to understand the true meaning of the word “mensch.” Everyone who knows the San Francisco philanthropist and Levi’s heir says pretty much the same things about him: Daniel is “a really good guy”—affable, smart, egoless and earnest in his desire to improve the lives of the neediest. So earlier this year, when I began hearing...
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