Why Bitcoin Will Never Be a Currency—in 2 Charts – Matthew O’Brien – The Atlantic

Wow, what a load of crap, misinformation, and weasel words.


though this time central banks have at least kept prices from falling, just barely

there’s actually a currency designed to create these kind of economic calamities

the virtual currency you can theoretically use to buy things online

bitcoins that will only grow at a low rate until 2040—and then stop

As point of comparison

 it doesn’t hurt the real economy

It’s hard to see any pattern here

Bitcoin won’t work as a currency as long as it’s so deflationary

The only reason would be to buy or do things online that you can’t buy or do something illegal.

What Bitcoin really needs is a central bank to stabilize its value

they want Bitcoin to be a Ponzi scheme

it’s just a dotcom stock

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