“R.I.P. Bitcoin. It’s time to move on.” – Washington Post | $382.00

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Last updated on July 6th, 2016 at 11:44 am

Let’s also bear in mind what it is that makes some venture capitalists Bitcoin zealots: pure greed.  That is the reason clearest to me for Bitcoin’s failure.  Intended as a level playing field and a more efficient transaction system, the Bitcoin system has deteriorated into a fight between interested parties over a pool of money.  In the beginning, Bitcoin was a noble experiment.  Now, it is a distraction.  It’s time to build more rational, transparent, robust, accountable systems of governance to pave the way to a more prosperous future for everyone.

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Ofir Beigel

Owner at 99 Coins ltd.
Blogger and owner of 99Bitcoins. I've been dealing with Bitcoin since the beginning of 2013 and it taught me a lesson in finance that I couldn't get anywhere else on the planet. I'm not a techie, I don't understand "Hashes" and "Protocols", I designed this website with people like myself in mind. My expertise is online marketing and I've dedicated a large portion of 99Bitcoins to Bitcoin marketing.
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