Banking

Turned Sour on Bitcoin

I opened a CoinBase account in 2014 with the expectation that BitCoin would eventually be an important currency. this blog post titled “A practical approach to bitcoin for regular people” marked the occasion.

I got “locked out” of the account recently and was impressed by the level of security it took to gain access to my account again. But in the process of re-establishing my account, I changed my mind on the digital currency’s future.

In short, I now conclude that there is no longer any reasonable expectation that the cryptocurrency will play a significant role in our markets in my lifetime.

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