I’m going to publicly forecast that Bitcoin isn’t going to work.
Apparently the market price of a Bitcoin has reached the $600 mark. Is Bitcoin just like other money or commodities, or not?
There are two important factors
1 ) Will a military accept Bitcoins as payment?
No. (Although if a military ever did, that might change things)
2) Does it have any useful physical properties?
No. It isn’t shiny, it isn’t pretty, it ...More →