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2015

bitcoin obituary

“Five Reasons Bitcoin Revolution is Over” – Sputnik News | $235.70

22. February 2015

Bitcoin will fail, not for fans lack of trying, but rather its status will never be more than an interesting concept championed by those in the techie or libertarian camp. Holding Bitcoin is more of a political expression rather than a sound economic investment. . . . Ultimately, Bitcoin will be relegated to the history books unless structural changes are made. It will never be fully adopted in its current form, being nothing more than a neat concept for people to lose money on.

“Five Reasons Bitcoin Revolution is Over” – Sputnik News | $235.70 Read More

bitcoin obituary

“Slowly but surely, Bitcoin appears to be falling apart” – NewStatesman | $209.81

15. January 2015

Bitcoin isn’t going to replace any fiat currencies as long as it feels intuitively safer for most people to keep their savings in a bank account instead of in a digital wallet. . . . This brings us to the current crisis in Bitcoin: far from widespread adoption giving it resilience and reliability, the system may be starting to fall apart. . . . These issues add up to what we’re seeing now – the slow, inexorable decline in the price of a digital currency with no value beyond the trust in the system.

“Slowly but surely, Bitcoin appears to be falling apart” – NewStatesman | $209.81 Read More

bitcoin obituary

“Bitcoin might be dead. It doesn’t matter” – The Telegraph | $209.81

15. January 2015

Bitcoin the currency may be dying, but it doesn’t matter. . . . Certainly, a trend line from November 2013 to now, extrapolated forwards, intersects worthlessness sometime later this year. . . . This could create a negative feedback loop as miners retire, the network becomes less secure and resilient, investors lose faith, and the price drops further.

“Bitcoin might be dead. It doesn’t matter” – The Telegraph | $209.81 Read More

bitcoin obituary

“Why Bitcoin’s male domination will be its downfall” – Fusion | $235.13

23. April 2015

Bitcoin, at its core, is an attempt to solve big socioeconomic problems through technology. But so long as it remains an overwhelmingly male domain, it’s going to continue to concentrate on the economic problems, while missing the big social problems. Which means that it’s going to continue going nowhere.

“Why Bitcoin’s male domination will be its downfall” – Fusion | $235.13 Read More

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