Bitcoin’s financial network is doomed

“Bitcoin’s financial network is doomed” – The Washington Post | $325.10

Last Updated: January 2, 2018

Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

Read less

But Bitcoin is doomed as a payments network — the very point at which it looks as though it is likely to be widely deployed is the point at which governments, like that of the United States, will crack down on it.

Source

Why you can trust 99Bitcoins

10+ Years

Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.

90hr+

Weekly Research

100k+

Monthly readers

50+

Expert contributors

2000+

Crypto Projects Reviewed

Follow 99Bitcoins on your Google News Feed

Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!

Subscribe now

Jordan Tuwiner

Crypto Writer

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. Read More

Read Jordan Tuwiner Articles

Free Bitcoin Crash Course

Enjoyed by over 100,000 students.
One email a day, 7 days in a row.
Short and educational, guaranteed!

“Bitcoin’s financial network is doomed” – The Washington Post | $325.10

Why you can trust 99Bitcoins

Free Bitcoin Crash Course

More in 2014

The Latest