bitcoin obituary

“Why Bitcoin can’t be a currency” – The Underground Economist | $0.23

15. December 2010

Negative feedback loops like this are basically homeostasis. In nature, positive feedback loops like exist with Bitcoin are lethal; the only thing that’s even kept Bitcoin alive this long is its novelty. Either it will remain a novelty forever or it will transition from novelty status to dead faster than you can blink.

“Why Bitcoin can’t be a currency” – The Underground Economist | $0.23 Read More