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Author Topic: [2016-01-21] CNBC: Reports of bitcoin's death have been greatly exaggerated  (Read 241 times)
pawel7777
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January 21, 2016, 09:29:27 PM
 #1

Some positivity from CNBC.

Reports of bitcoin's death have been greatly exaggerated

http://www.cnbc.com/2016/01/21/bitcoin-isnt-dead-yet.html


Quote
There's been a lot written about the death of bitcoin of late.

The digital currency has either failed, or is on the verge of collapse, according to op-eds and quotes in The New York Times, The Washington Post, The Week, The Guardian, Fortune and more. All of these articles hinged on the decision of an influential developer in the bitcoin community to leave the space behind — a move he announced with a blog post.

Despite the technical-sounding nature of those pronouncements, the reasons why former Google programmer Mike Hearn decided bitcoin had "failed" are a complicated story of competing business interests and philosophical considerations that some contend have been blown out of proportion.
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January 22, 2016, 12:26:50 AM
 #2

The Bitcoin is dead. Long live the Bitcoin.

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January 22, 2016, 09:17:14 AM
 #3

One person will not destroy bitcoin. A group of core developers will destroy it. But bitcoin will survive again if it is still supported by other developers.
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January 22, 2016, 10:03:21 AM
 #4

I guess Barry said it best, "What does not kill you, makes you stronger" and this definitely shows in the community. A lot of dead skin has been shed, and we are looking much better than before. We now have one enemy clearly defined and we can concentrate on that for now.

Investors will soon realize the complexity of this environment and how competitive it can be and this might scare some or it might excite others. Who wants to invest in a boring commodity? Keep the adrenaline pumping, we like it rough. 

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