Difference between revisions of "Bitcoin"
From Critiques Of Libertarianism
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[[Category:Currency]] | [[Category:Currency]] | ||
| − | {{DES | des = Bitcoin is a classic private currency scam. It fails to offer stable values, security from theft, privacy from government and ease of use. With prices near $17,000 per bitcoin (Dec. 2017), it is in a huge speculative bubble. It has enormous problems with transaction bottlenecks, transaction costs, and electricity usage compared to alternatives such as Visa.| show=}} | + | {{DES | des = Bitcoin is a classic private currency scam. It fails to offer stable values, security from theft, privacy from government and ease of use. With prices near $17,000 per bitcoin (Dec. 2017), it is in a huge speculative bubble. It has enormous problems with transaction bottlenecks, transaction costs, and electricity usage compared to alternatives such as Visa. Blockchain doesn't show much promise either. | show=}} |
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