Why Bitcoin Will Fail
Apenwarr
"Like the gold standard, a successful bitcoin would send our economy back into the dark ages. . . . Even if it became popular, governments would squash it because of #1 and because they like being in power. . . . With bitcoin, a single failure of the cryptosystem could result in an utter collapse of the entire financial network."
— Avery Pennarun
Google Fiber Engineer
BTC price when published:
$3.87
Current BTC price:
$87,642.52
Price change:
+2264564.60%