{"name":"Bitcoin Is Dead","attribution":"Source: Bitcoin Is Dead (https://bitcoindeaths.com)","totalObituaries":482,"matched":1,"returned":1,"query":{"search":"","year":"","person":"","publication":"","sort":"newest","slug":"2014-10-11-3-reasons-bitcoin-is-doomed-to-fail","limit":5},"notes":"statementDate is the original publication date; addedOn is when the record entered this archive. Historical prices are USD snapshots, not investment returns. Inclusion records criticism, not a verdict that every claim is false.","terms":"https://bitcoindeaths.com/terms","documentation":"https://bitcoindeaths.com/data#lookup","records":[{"slug":"2014-10-11-3-reasons-bitcoin-is-doomed-to-fail","title":"3 Reasons Bitcoin Is Doomed To Fail","quote":"While the technology behind the cryptocurrency may represent a safer method of buying and selling over the Internet, the asset will never take hold as a currency due to its limited supply and speculator manipulation. The technology used to encrypt Bitcoin would be better applied to the current monetary system, rather than through the invention of an entirely new currency. Bitcoin is simply economic Esperanto. It's a solution without a problem. The currency in use works fine.","person":"Jeremy Bowman","jobTitle":"Writer, The Motley Fool","publication":"Fool.com","statementDate":"2014-10-11","bitcoinPriceUsd":359.2,"addedOn":null,"updatedOn":null,"citationUrl":"https://bitcoindeaths.com/posts/2014-10-11-3-reasons-bitcoin-is-doomed-to-fail","sourceUrl":"https://www.fool.com/investing/general/2014/10/11/3-reasons-bitcoin-is-doomed-to-fail.aspx","archiveUrl":"https://web.archive.org/web/20141013081215/http://www.fool.com:80/investing/general/2014/10/11/3-reasons-bitcoin-is-doomed-to-fail.aspx"}]}