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Bitcoin Forum > Economy > Economics > Speculation > [bloomberg.com] Bitcoin is a High-Tech Dinosaur Soon to be Extinct
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Author Topic: [bloomberg.com] Bitcoin is a High-Tech Dinosaur Soon to be Extinct  (Read 674 times)
Richard Branson (OP)
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January 04, 2014, 11:36:34 AM
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http://www.bloomberg.com/news/2013-12-31/bitcoin-is-a-high-tech-dinosaur-soon-to-be-extinct.html

Good read for a laugh.
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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January 04, 2014, 11:37:12 AM
Last edit: January 04, 2014, 11:48:32 AM by Reece523
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Some websites can be remarkably bipolar in their reporting  Cheesy

(edit: and thanks for the article -- I learnt something I didn't know about history)
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January 04, 2014, 11:55:39 AM
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The US Senate has already tried to stop Bitcoin, in the form of a spearhead attack by Senator Schumer. He's a very influential senator for those who don't know. He tried. He failed. It really feels like Bloomberg contributors get more clueless by the day.
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