Bitcoin's use in retail transactions has been steadily growing, and now accounts for around half of the coins mined each day. Need a link?
Taavet Hinrikus, CEO of international-payments app TransferWise, “Bitcoin, I think we can say, is dead. There is no traction, no one is using bitcoin. The bitcoin experiment, I think we can say, is over.”
[http://finance.yahoo.com/news/bitcoin-is-dead-says-prominent...]
For as long as the federal government wants to subsidize mining, bitcoin is probably here to stay. I don't see any of the competitors capturing these subsidies.
Taavet Hinrikus certainly drew from his own failed endeavor. But I don't know how he didn't extrapolate the state of the wider market.
Bitcoin dead for the 130th time. No conflict of interest with Hinrikus making that statement..his motives are purely altruistic - he's looking out for the people.
Very intelligent post sir. You seem to be an expert on the fraud that is bitcoin.