Bitcoin Isn't The Future Of Money
Bloomberg
"Blockchain technology gives Bitcoin two crucial characteristics;— it can be exchanged peer-to-peer without the need for a trusted intermediary, and it lets transactions be anonymous. In both these ways, Bitcoin resembles physical cash. But whereas physical cash is the liability of a government, with a central bank controlling its value, Bitcoin is a liability of nobody. This is its fatal flaw as a currency. There’s nothing to stop its value from falling to zero."
— David Shipley
Journalist, Bloomberg
BTC price when published:
$11,141.25
Current BTC price:
$88,080.48
Price change:
+690.58%