Oct 15, 2010 · $0.11Why Bitcoin Can’t Be A Currency
“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.”
The Underground Economist · The Underground Economist