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Re:Worries Grow That the Price of Bitcoin Is Being Propped Up by duiker101 on Thursday February 01, 2018 @10:55AM (#16282755)
what is in your opinion the reason why bitcoin is failing? For the way I see it, it's because it lacks real world applications and value. I know Ethereum has it's own contracts etc... but I don't see how it really solves the base problem. Who's going to use this currency and why? Are the contracts enough to keep it afloat forever? From what i've heard they are not without issues.
Re:Worries Grow That the Price of Bitcoin Is Being Propped Up by scardine on Thursday February 01, 2018 @11:00AM (#16282807)
I don't think Ethereum contracts are much better compared to what we already have - make a mistake in a contract you will end up arguing with humans in a conference room anyway.
Re:Worries Grow That the Price of Bitcoin Is Being Propped Up by yellow_postit on Thursday February 01, 2018 @11:28AM (#16283106)
Neither solve real world problems for folks in developed countries. In developing countries maybe there's a utility play but that's been getting undercut by the crazy fees and speculation.