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

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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.

Source (the original site on which this obituary was posted is no longer live, luckily however, the internet doesn’t forget)

Eulogy made by Sean Lynch

Jordan is a Bitcoin proponent, hoarder, and the founder of Buy Bitcoin Worldwide. He's excited to see benefits sound money will bring to society.

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