Last updated on July 6th, 2016 at 11:44 am
At this point in the bitcoin lifecycle, the fear, uncertainty and doubt (FUD) and naysaying we’ve been hearing is mostly true. The network is abysmally slow. The use cases are half-baked and consumers will receive no implicit benefit from bitcoin over, say, swiping their Visa card.
The bitcoin 1.0 experiment is, in short, over.