I'm working on a series of long form articles (1500-2k words) for a magazine based out of Baltimore, Maryland. I'm excited to be publishing a series on Bitcoin and wanted to reach out to the community for feedback on what I should include.
I'd outline what it is, what it isn't, how it works, how it can be used, the advantages, disadvantages, and legality side of things.
Somewhere in there I'd mention the 550% price increase over the last 6 months, including the volatility and unsustainable growth issues. It can't increase like this forever, else 1 coin would end up being worth more than all the money in the world, so it has to level out, which in turn puts off those who are just in it to make money, so it absolutely must become a useful second/alternative currency in order to survive long term. Richard Branson accepting Bitcoin for Virgin Galactic is a sign that business leaders are starting to take interest, however imo right now it's mostly done for PR/Marketing than true belief. The software/infrastructure isn't really ready for mainstream adoption, with exchanges suffering numerous problems in recent weeks. Most of my money comes out via direct debit and I don't believe that kind of functionality exists yet; if utility companies started accepting it, as an option that provided some kind of further discount over DD, then that'd be a game changer and I've not seen much talk about that aspect yet.
This was typed very quickly, because I'm off to watch Dr Who
