I had only just arrived in Lahore, Pakistan when I was informed this morning of the death of my old friend Munnu Bhai. The news produced in me a profound sense of sadness and loss. I had known Munnu Bhai for a period of more than 20 years, during which we established a close and rewarding friendship. I knew him as a highly talented and respected journalist, a fine poet and a man of great culture and personal charm. He also had a wicked sense of humor and would frequently burst into bouts of uncontrollable and infectious laughter in the course of our conversations about politics, literature and philosophy.

This article, written for Socialist Appeal, was published a matter of days before Bitcoin's value collapsed by half overnight. This catastrophic downturn proves everything we have written about Bitcoin and how it reflects of the general crisis of capitalism.