After developing software for Bitcoin for five years, Mike Hearn has sold his coins and is backing out. In an article on Medium, Hearn details the multitude of reasons why Bitcoin has ultimately failed, such as a warring community, lack of necessary improvements on a system that has reached its limits, a dominating minority and lack of communication. See also: 15-Year-Old Makes $100,000 on Bitcoin, Launches Startup "Bitcoin is an experiment and like all experiments, it can fail," Hearn writes...
After developing software for Bitcoin for five years, Mike Hearn has sold his coins and is backing out. In an article on Medium, Hearn details the multitude of reasons why Bitcoin has ultimately failed, such as a warring community, lack of necessary improvements on a system that has reached its limits, a dominating minority and lack of communication. See also: 15-Year-Old Makes $100,000 on Bitcoin, Launches Startup "Bitcoin is an experiment and like all experiments, it can fail," Hearn writes...
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