TweakTown
Tech content trusted by users in North America and around the world
5,667 Reviews & Articles | 36,025 News Posts

Seeking Alpha contributor says "Bitcoin fails as a currency"

Robert Wagner, a contributor on Seeking Alpha, writes "Bitcoin fails as a currency and the bubble will eventually pop" (NYSE:T, KRX:005930, NASDAQ:SNDK, NASDAQ:YHOO)

| Business, Financial & Legal News | Posted: Jan 14, 2014 11:18 am

The rise and fall of digital currency Bitcoin, has been interesting to say the least. But now we have Seeking Alpha contributor, Robert Wagner, chiming in with a new piece, calling out the digital currency, where he expects the bubble to pop.

 

TweakTown image news/3/4/34848_04_seeking_alpha_contributor_says_bitcoin_fails_as_a_currency.jpg

 

Wagner says that Bitcoin's "first flaw is its very foundation", citing that one of the reasons people wanted a new digital currency was to get away from the central bank, fiat-based dollar. Wagner goes into some incredible detail, which you can read all about right here, but do you agree? Do you think the great Bitcoin crash will happen, soon?

NEWS SOURCE
Seekingalpha.com

Related Tags

Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

Do you get our news RSS feed? Get It!

Post a Comment about this news

Latest Tech News Posts

View More News Posts

Latest Downloads

View More Latest Downloads

TweakTown Web Poll

Question: Did EA kill the Battlefield franchise with the terrible BF4 issues?

Yes, Battlefield is doomed

No, Battlefield will live on strong

I'm not sure, but I know EA needs to improve its game

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases
Get TweakTown updates via Facebook!
Just click the "Like" button below