2013-07-19 In Bitcoin We Trust? - Wall Street Pit

[BitSmile]

I can't believe people are still writing this kind of articles in July 2013  

In the end, however, I expect that Bitcoin will fade back into the shadows of the black market. Those who want a regulated, secure currency that they can use for legitimate business transactions will pick from one of the many currencies already sponsored by a national government equipped with ample resources, a real-world economy and far more transparency and security than the Bitcoin world can offer.
After the Bitcoin bubble bursts, we won’t even be able to use the leftover coins for jewelry.

http://wallstreetpit.com/100662-in-bitcoin-we-trust/

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[BitSmile]

You forgot to post the article or a link.

Oh man, thanks for the reminder 
edited.

[aigeezer]

I can't believe people are still writing this kind of articles in July 2013  

In the end, however, I expect that Bitcoin will fade back into the shadows of the black market. Those who want a regulated, secure currency that they can use for legitimate business transactions will pick from one of the many currencies already sponsored by a national government equipped with ample resources, a real-world economy and far more transparency and security than the Bitcoin world can offer.
After the Bitcoin bubble bursts, we won’t even be able to use the leftover coins for jewelry.

http://wallstreetpit.com/100662-in-bitcoin-we-trust/

I imagine we can expect a ton of pro-fiat FUD from those who make their living from fiat arcana (as that author does).

http://www.palisadeshudson.com/about-team/larry-elkin/

Either he is right or he is wrong. Let's fish his article out again in a year or five.