Why Bitcoin will fail
This is not about a specific flaw in Bitcoin, however Bitcoin is a preeminent exponent of the crypto-currency galaxy. Any cryptocurrency that don't have a sufficient loan base have these problems. Bitcoin, especially, looks more and more like a Ponzi scheme that is just ready to blow. Only that there will be no Charles Ponzi to sue, only a lot of people that lost money and a few winners that sold the bitcoins before the bang. Or, with another metaphor, Bitcoin is like a global poker game where some will take the pot and the others will bite the dust. It may happen tomorrow or after years, but for me this is the only reasonable end. Until then, everybody believes they have a very good hand... Here are my arguments: No loans, no value