“A Prediction: Bitcoin Is Doomed to Fail” – The New York Times | $955.67

Last updated on January 2nd, 2018 at 12:00 am

The developers of bitcoin are trying to show that money can be successfully privatized. They will fail, because money that is not issued by governments is always doomed to failure. . . . Bitcoin, or something like it, will thrive until the authorities do better.

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