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8 Ways to Killing Bitcoin by Slowing Down Its Adoption

1.  Legal Attacks

When authorities pass and enforce legislation against Bitcoin, the ultimate effect is the punishment of users. The list correctly notes that Bitcoin has survived several outright bans by small countries (namely Afghanistan, Algeria, Bangladesh, Bolivia, Ecuador, Morocco, Macedonia, Vanuatu, and Vietnam). In fact, such bans have gone largely unnoticed outside of these places. READ MORE

The nearly-indestructible honey badger, famed for its ability to endure venomous snakebites, is Bitcoin’s animal mascot for a good reason. Over the years, Bitcoin has survived so many technical attacks, so much internal strife, and so much outside criticism that it’s gained a reputation for antifragility.


How to Kill Bitcoin? By Steven Hay

Today was historic day for Cryptocurrencies in the US. Overwhelming support for protective legislation for US consumers and investors in the US market as well as an overall bullish perspective of the technology. Keep on HODLin! The Senate Banking Committee heard testimony from the chairman of the Commodity Futures Trading Commission (CFTC), Christopher Giancarlo, and the chairman of the Securities and Exchange Commission (SEC), Jay Clayton, express support for Cryptocurrency.

The blockchain is a distributed ledger technology that underlies cryptocurrencies like Bitcoin and platforms like Ethereum. It provides a way to record and transfer data that is transparent, safe, auditable, and resistant to outages. The blockchain has the ability to make the organizations that use it transparent, democratic, decentralized, efficient, and secure. It’s a technology that holds a lot of promise for the future, and it is already disrupting many industries.

BlockChain Explained on Five Different Levels

Blockchain, the key technology behind Bitcoin, is a new network that helps decentralize trade, and allows for more peer-to-peer transactions. WIRED challenged political scientist and blockchain researcher Bettina Warburg to explain blockchain technology to 5 different people; a child, a teen, a college student, a grad student, and an expert.

Genesis and the origins of money

With the price of a bitcoin surging to new highs in 2017, the bullish case for investors might seem so obvious it does not need stating. Alternatively it may seem foolish to invest in a digital asset that isn’t backed by any commodity or government and whose price rise has prompted some to compare it to the tulip mania or the dot-com bubble. Neither is true; the bullish case for Bitcoin is compelling but far from obvious. There are significant risks to investing in Bitcoin, but, as I will argue, there is still an immense opportunity. READ MORE

The Bullish Case for Bitcoin
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