26 Jan '16, 12pm

Three reasons why Bitcoin isn't dead yet - Ars Technica

Three reasons why Bitcoin isn't dead yet - Ars Technica

Further Reading Op-ed: Why is Bitcoin forking? Or, why Bitcoin XT, as based on Satoshi Nakamoto's vision, should be welcomed. About a week ago, colleagues were sending me copies of a Medium post ricocheting all over the Internet: a crucial Bitcoin developer, Mike Hearn, was calling it quits . The announcement unsurprisingly spawned media speculation and opinion pieces with headlines like, "RIP Bitcoin, it’s time to move on. " Bitcoin’s trading price in US dollars fell by about 10 percent in about 24 hours. But take it from an admitted Bitcoin skeptic—the cryptocurrency isn’t anywhere close to being dead. At least, it's not dying anytime soon. Further Reading Feds say Bitcoin miner maker Butterfly Labs ran “systematic deception” [Updated] In new civil suit, FTC alleges BFL spent millions on massages, guns, and more. Hearn is certainly much more knowledgeable about Bitcoin t...

Full article: http://arstechnica.com/business/2016/01/three-reasons-why...

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Despite reports, bitcoin isn't dead yet

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