Negative feedback loops like this are basically homeostasis. In nature, positive feedback loops like exist with Bitcoin are lethal; the only thing that’s even kept Bitcoin alive this long is its novelty. Either it will remain a novelty forever or it will transition from novelty status to dead faster than you can blink.
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Latest posts by Jordan Tuwiner (see all)
- “Bitcoin Is Declining, but Is It Dead?” – Government Technology | $236.61 - September 21, 2015
- “Distributed Ledgers Part I – Bitcoin is dead” – Pascal Bouvier | $281.47 - August 4, 2015
- “Bitcoin isn’t the future of money — it’s either a Ponzi scheme or a pyramid scheme” – Washington Post | $236.73 - June 8, 2015