We've all heard them before.
As a groundbreaking innovation, bitcoin naturally attracts skeptics just as strongly as it attracts supporters, and the technical and theoretical complexity of the digital currency can cause a considerable amount of confusion with those who are not 'in the know'.
The result is that critics of bitcoin oftentimes fall back on one or two euphemisms to express why they think it will never succeed – simplified statements like "bitcoin is a ponzi scheme" that higlight often misunderstood characteristics of the digital currency but rarely fully address the situation.
One of the first articles published on CoinDesk was dedicated to debunking these "bitcoin myths", and because they still pervade the industry, we're revisiting the topic.
Here are six (more) bitcoin myths, debunked.
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