Sunday, February 1, 2015

Stop Predicting Bitcoin Obituaries Because of Irresponsible Companies [Opinion]

By 

Bitcoin as an investment tool is an increasing topic of debate for spectators. It’s a clearly divisive topic that often leads to shiny new bitcoin obituaries reading, “Bitcoin is Dead!” or “Is This The End of Bitcoin?”
Bitcoin ObituariesTo this date, Bitcoin has died 40 times. A site called Bitcoin Obituaries follows all the major times a newsgroup prints a story that talks about the end-times of bitcoin. It’s ridiculous. The latest article is “Why Apple Pay and Dollars are Killing Bitcoin,” by Forbes.
When these articles come up, it’s easy to do a checklist on the topics they cover. Did they talk about volatility? Did they mention security concerns? Were they sure to include bits and pieces of the Silk Road debacle or terrorism at work? If they hit all three, then it’s a fairly standard article to stray their readers away from bitcoin.

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