6 (More) Bitcoin Myths Debunked

By January 4, 2015Bitcoin Politics

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 […]

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