Once You Use Bitcoin You Can’t Go ‘Back’ — And That’s Its Fatal Flaw
Wired
November 26, 2013"And, in the greater scheme of things, bitcoin is small: even at a roughly 10 billion dollar market capitalization it is almost irrelevant in financial terms. This is probably roughly the peak market capitalization achieved by Beanie Babies in 1999. There are indeed important and valuable ideas that exist in bitcoin’s design. But bitcoin itself? I believe its volatility and built-in irreversibility will doom it to the ash-heap of history."
— Nicholas Weaver
Professor, UC Berkeley
BTC price when published:
$899.2
Current BTC price:
$80,801.89
Price change:
+8885.98%