Is Bitcoin Fundamentally Incapable of Mass Adoption? The Economist Thinks So

2019-3-29 02:30

An article out today in the Economist lists several reasons why Bitcoin may never have a “long-lasting” recovery. The unnamed author writes, in part: “The bust has been correspondingly brutal.

Those who bought near the top were left with one of the world’s worst-performing assets. Cryptocurrency startups fired employees; banks shelved their products. On March 14th the CBOE said it would soon stop offering Bitcoin futures. ” He or she neglects to mention that Bitcoin has previously been one of the best performing assets as well. An interesting point to make: Bitcoin over the past three years has been the best

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