“Why Bitcoin can’t be a currency” – The Underground Economist | $0.23

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

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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