“One Thing You Can Bank On: The Bitcoin Currency Is Doomed” – Valley News | $798.02

Last updated on January 2nd, 2018 at 12:00 am

Sorry, but Bitcoin isn’t the future. If anything, it’s a throwback to an earlier era. . . . Anyone who thinks that Bitcoin will triumph has to believe that it will succeed where earlier generations of private currencies failed — that Bitcoin will, improbably, manage to overthrow more than century’s worth of accumulated state power, jealously guarded and ruthlessly enforced. That’s a preposterous fantasy — and a dangerous one, if you’re an investor.


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