3 Reasons Bitcoin Is Doomed To Fail
Fool.com
October 11, 2014"While the technology behind the cryptocurrency may represent a safer method of buying and selling over the Internet, the asset will never take hold as a currency due to its limited supply and speculator manipulation. The technology used to encrypt Bitcoin would be better applied to the current monetary system, rather than through the invention of an entirely new currency. Bitcoin is simply economic Esperanto. It's a solution without a problem. The currency in use works fine."
— Jeremy Bowman
Writer, The Motley Fool
BTC price when published:
$359.2
Current BTC price:
$82,423.3
Price change:
+22846.35%