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Author Topic: [2016-03-04] Forbes: Today's Must-Reads For Entrepreneurs: Is Bitcoin Collapsing  (Read 278 times)
pawel7777
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March 04, 2016, 02:04:39 PM
 #1


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

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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.”

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TraderTimm
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March 04, 2016, 05:29:33 PM
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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...

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