But does this one significant report of Bitcoin failure mean that the virtual currency is doomed to failure? I am no Bitcoin expert but I do know that any given currency is rooted in belief, which is then supported by faith in the issuing entity. Therefore, once the belief or faith is gone, the currency is gone. Thus far, in the opinion of your humble author, Bitcoin is nothing more than illusion.
“Is Bitcoin Dead?” – About.com | $532.71
Free Bitcoin Crash Course
Learn everything you need to know about Bitcoin in just 7 days. Daily videos sent straight to your inbox.
We hate spam as much as you do. You can unsubscribe with one click.