BITCOIN DEATHS

June 20, 2011
Bitcoin Price: $17.51

SO, THAT'S THE END OF BITCOIN THEN

Bitcoins aren’t secure, as both the recent theft and this password problem show. They’re not liquid, nor a store of value, as the price collapse shows and if they’re none of those things then they’ll not be a great medium of exchange either as who would want to accept them? . . . It’s difficult to see what the currency has going for it.

Economics Writer


Source: Forbes