Why Bitcoin Can’t Be A Currency — Bitcoin Obituary #1

Obituary #1 · · Bitcoin at $0.11
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.
As published by The Underground Economist

Why Bitcoin Can’t Be A Currency

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