is bitcoin dead
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Where can I find bitcoin obituaries?
Bitcoin Is Dead is the best database of notable Bitcoin obituaries and skeptics on the Internet. View names, quotes, publications, source links, and more! Bitcoin Is Dead is the best database of notable Bitcoin obituaries and skeptics on the Internet.
What are some of the criticisms of bitcoin?
Pyramid scheme, ponzi, bubble, no intrinsic value, not backed by anything, something better will replace it, not real money, fiat currency is better, governments won’t allow it, uses too much energy, too volatile, inefficient, unscalable, insecure, used for illegal things鈥?Here鈥檚 a list of common Bitcoin criticisms and rebuttals to each.
What is bitcoin and how does it work?
Bitcoin was invented in 2009 as a peer-to-peer online payment system that does not require a trusted central middleman 鈥?such as a bank or payment gateway 鈥?to verify and control the transaction.
Can bitcoin’s story be told without believers?
Bitcoin’s story cannot be told without the inclusion of both its strongest believers and disbelievers. Healthy skepticism of revolutionary technology is vital because it speeds up development and adoption.