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Weaknesses identified by Bloomberg: [1] It's decentralized; there's no CEO [2] It's open source software people can copy [3] It's subject to competition from ne
by bmcusick 9y ago
Weaknesses identified by Bloomberg:
[1] It's decentralized; there's no CEO
[2] It's open source software people can copy
[3] It's subject to competition from new coins
Ha ha ha. These are only problems to institutional people who are investing in Bitcoin as an asset. For people who want a decentralized, censorship resistant medium of exchange, these are all features.