Bitcoin: Doomed?


Mass media always love a doomsday story. Even for Bitcoin. They'd rather write something about it being doomed because they still lack a clear understanding of this innovation.

Bitcoin is doomed and has “failed” according to one of the crypto-currency’s high-profile developers.

Mike Hearn, the Zurich based developer who had been working on new software to support the currency, shocked Bitcoin fans when he wrote on his blog: “The now inescapable conclusion that it has failed saddens me”.

So what’s next for the future of money… or rather a future without money? Read more.