You are at: Home » Bitcoin Obituaries » 2017 » “The Bitcoin bubble will burst. It’s time for a ‘Bitpound'” – Telegraph | $8,196.15

“The Bitcoin bubble will burst. It’s time for a ‘Bitpound'” – Telegraph | $8,196.15

The constant fluctuations also mean Bitcoin cannot be used to price goods. And it is worthless as a medium of exchange as hardly anyone accepts it and even when they do, it costs up to $12 per transaction and can take hours to clear. …

So, hype aside, Bitcoins are lottery tickets. They have no underlying utility. When the music stops, those left holding them will be burned.

Eulogy made by Abhishek Parajuli

Source

Free Bitcoin Crash Course

Learn everything you need to know about Bitcoin in just 7 days. Daily videos sent straight to your inbox.

We hate spam as much as you do. You can unsubscribe with one click.
We hate spam as much as you do. You can unsubscribe with one click.

Leave a Reply

avatar
  Subscribe  
Notify of
Scroll to Top