RE: How To Destroy Bitcoin According to MIT Tech Review

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How To Destroy Bitcoin According to MIT Tech Review

in bitcoin •  7 years ago 

I think Bitcoin is a Bubble also and just because it hasn't burst doesn't mean it wouldn't. Blockchain it the only real innovation here and not bitcoin. Taking out bitcoin in my opinion could be done by first take out means of exchange especially centralised exchange and go after those promoting the idea but we know that cannot happen because the people have rights and the government gave them those rights

bitcoin
7 years ago by

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      ·  7 years ago 

    A technology can be in a bubble without bursting if the value of the technology catches up with its expectations. With looming stock market crashes, currency devaluation and possible failure of the fractional reserve system of the banks the value of bitcoin could dramatically increase in a short period of time.

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