Why Bitcoin Will Never Be A Currency

This article describes the economics of Bitcoin, and why it is creating problems. It discusses how Bitcoin is by definition deflationary, and this is what is holding it back as well. They suggest that a central bank would be important to keep the value of the Bitcoin relatively stable, but there are still very many questions surrounding Bitcoin and how to correctly handle them.

http://www.businessinsider.com/why-bitcoin-will-never-be-a-currency–in-two-charts-2013-12

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