13 Mar '17, 7pm

Bitcoin Is for the People, Not Wall Street

Bitcoin Is for the People, Not Wall Street Bitcoin needs to focus on usability, now more than ever before. After months of hype fuelled a price rally that ended with bitcoin surpassing the price of gold, the Securities and Exchange Commission denied a proposed bitcoin investment fund led by the Winklevoss twins on Friday. That led to an initial nosedive in value, but now the price of bitcoin is more or less back to where it was before the denial. Despite what some feared, while it's deflated a bit, bitcoin hasn't exactly imploded. Now might be a good time for the bitcoin community to take a step back and think about where to go from here. One implication of bitcoin's price comeback is the possibility that a good chunk of the price rally didn't just come from the anticipated approval of the Winklevoss' investment fund, but from all of the other things that make bitcoin… bit...

Full article: https://motherboard.vice.com/en_us/article/bitcoin-is-for...

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