Why Bitcoin Will Fail As A Currency — Bitcoin Obituary #5

Obituary #5 · · Bitcoin at $14
Although I think that Bitcoin is ingenious and fascinating in many ways, I don’t believe that it will succeed as a currency. The problem is that a Bitcoin is unlikely to ever be a good store of value (a primary function of any widely accepted currency) because the (eventually) fixed money supply will cause the purchasing power of a Bitcoin to be extremely volatile.
As published by The Calculating Investor

Why Bitcoin Will Fail As A Currency

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