[2016-03-04] Forbes: Today's Must-Reads For Entrepreneurs: Is Bitcoin Collapsing

[pawel7777]

Today's Must-Reads For Entrepreneurs: Is Bitcoin Collapsing?

http://www.forbes.com/sites/lorenfeldman/2016/03/04/todays-must-reads-for-entrepreneurs-is-bitcoin-collapsing/#7fedbd27740c

Payments

Bitcoin payments around the world are failing: “However, there’s a technical upper limit on how many transactions the blockchain can process per second — putting a limit on how much the digital currency can grow as a substitute for cash. This week problems materialized when the bitcoin network reached capacity, resulting in lengthy transaction times of 43 minutes, up from the usual 10 minutes, according to a thread on Reddit. Several of them failed completely.”

[TraderTimm]

Right, another sensationalist headline no doubt fueled by The Verge's version of "reporting".

All this does is highlight how incestuous and non-original media outlets are today. A slight rewrite of the article and the usual hyperbolic conclusions tacked on. Does anyone really work as a journalist anymore, in the classic sense? I'm starting to highly doubt it...