Greed isn't good: 3 reasons not to bite on bitcoin

JMH · Dec 14, 2013

Bitcoin is blowing up, especially among the tech set, but the virtual currency's strong points are also its liabilities

Recently, my editor at this intrepid publication told me he was going to start paying me in bitcoins. Like any logical person, I responded by punching him in the face.
"But why, Bob?" he cried -- literally. It was embarrassing. "Bitcoin is a virtual currency, Bob. That's way better than the plain old U.S. dollar," he whined, holding his bleeding nose. I should've known the blubberer and the bubbler would be one and the same.

Greed isn't good: 3 reasons not to bite on bitcoin | Cringely - InfoWorld

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Greed isn't good: 3 reasons not to bite on bitcoin

JMH

Emeritus, Contributor