RATE Group | The Jabberwocky world of bitcoin
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The Jabberwocky world of bitcoin

The Jabberwocky world of bitcoin

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Last week Small Talk followed Clear Leisure, a small Aim-listed company, into the Jabberwocky world of bitcoin where words — whether hash, sat or shilling — have entirely new meanings. In cryptocurrency land, a nonce is apparently a 32-bit field rather than a category of prisoner. Hodl is not a fatfinger typo but advice to hold on for dear life, sat is a millionth of a bitcoin and shilling is trickery. 

Apparently “When Lambo?” means “when will I be able to cash in my coins and buy a Lamborghini. When will I be rich?”

It is as baffling to Small Talk as Lewis Carroll’s nonsense poem Jabberwocky where “the mome raths outgrabe”. 

Yet last week Francesco Gardin, chairman of Clear Leisure, a £4m titch whose technicolour history should stimulate the senses of the most supine watchdogs, raised £600,000 to delve into blockchain and cryptocurrencies.

The 63-year-old reckons Clear Leisure has an edge over the ever-increasing mass of bitcoin bright sparks.

This is…

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