“Is Bitcoin Dead?” – About.com | $532.71

Last updated on January 28th, 2016 at 04:25 pm

But does this one significant report of Bitcoin failure mean that the virtual currency is doomed to failure? I am no Bitcoin expert but I do know that any given currency is rooted in belief, which is then supported by faith in the issuing entity. Therefore, once the belief or faith is gone, the currency is gone. Thus far, in the opinion of your humble author, Bitcoin is nothing more than illusion.

Source

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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