BITCOIN'S POTENTIALLY FATAL FLAWS : [DIGITAL CURRENCY]
Bit-coin because it's made of bits, or digital information. Can it challenge the entrenched interests of fiat currencies world-wide or will it be defeated? You decide.
The problems with Bitcoin are many but so are the potential rewards. Aside from extreme volatility, the main problem I see with Bitcoin is that it is NOT being used for its intended purpose. It's meant to be a currency used on a day-to-day basis for everyday purchases but instead it's treated as an investment and a get-rich-quick scheme. What does the future hold for Bitcoin?
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