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Bitcoin is a scam. (Is Bitcoin a good idea? No!)

http://www.quora.com

Bitcoin is a ludicrously bad idea. It is a scam. A Scam. It is not a currency. The economic assumptions underpinning the Bitcoin ecosystem are laughable, and ignore hundreds of years of accumulated understanding of how currencies work with each other.

Fortunately, it's such an obviously flawed system that it will probably never grow to a point where it causes any ill-effects,or even impact, to world economies.

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EternityAblaze's picture
Created by EternityAblaze 1 year 51 weeks ago
Category: Money   Tags:

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