“A Prediction: Bitcoin Is Doomed to Fail” – The New York Times | $955.67

The developers of bitcoin are trying to show that money can be successfully privatized. They will fail, because money that is not issued by governments is always doomed to failure. . . . Bitcoin, or something like it, will thrive until the authorities do better.
“A Prediction: Bitcoin Is Doomed to Fail” – The New York Times | $955.67