“Bitcoin Is A Remarkable Innovation, Here’s Why It Will Fail” – Salon | $145.16

Last updated on January 28th, 2016 at 04:26 pm

In theory, bitcoin could become a lawful virtual currency if the bitcoin community gave up anonymity and therefore incorporated the identities of bitcoin senders and receivers as part of the currency. But that would eliminate the cash-like feature that makes bitcoin attractive and vastly decrease the demand for bitcoin. That does not seem like a viable path forward. . . . While I praise the sheer ingenuity of bitcoin and its payments innovation, it should be buried.

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Jordan Tuwiner

Writer at 99 Bitcoins
Jordan is a Bitcoin proponent, hoarder, and the founder of Buy Bitcoin Worldwide. He's excited to see benefits sound money will bring to society.

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