Bitcoin: A Look at Why It Is Failing

Image via Flickr by Whitez
Bitcoin really is a brilliant idea. It is essentially a peer-to-peer currency system that allows people to transfer money to each other without the middle men of banks. Plus, there are no transaction fees , the currency can be used anywhere in the world, and anonymity is allowed. However, bitcoin has had a rough year and the future doesn't look too bright. So, why is bitcoin failing?

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