> "We have reached a standstill that shows every bit why highly unregulated systems are difficult to maintain (the miners care only about short term profit and

> "We have reached a standstill that shows every bit why highly unregulated systems are difficult to maintain (the miners care only about short term profit and are making bitcoin as a payment system unusable in order to secure short term profit)." Bitcoin isn't completely unregulated. For example, I believe there's due to be a halving of the new block value soon, to slow down the rate of growth. This may have some negative consequences (such as reducing the number of people who mine for Bitcoin), but on the whole may help to stabilise the value of Bitcoin. http://www.coindesk.com/bitcoin-prices-steady-as-subsidy-halving-inches-closer/ http://www.coindesk.com/bitcoin-prices-steady-as-subsidy-hal...