“Bitcoin Is a Delusion That Could Conquer the World” – The Atlantic | $10,624.75

Last updated on December 5th, 2017 at 01:54 pm

It has not transformed the economy of today. While the number of bitcoin transactions is growing every year, it’s nothing close to a mass-market consumer technology, like Google, or Netflix, or even PayPal. Bitcoin remains cumbersome to use (the typical transaction can take up to 10 minutes) and the price is extremely volatile. It is, for now, a frankly terrible currency built on top of a potential transformative technology.

Eulogy made by Derek Thompson


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