In the case that bitcoin succeeds we shouldn't expect it to be a smooth ascend. After the dot-com bubble it too seemed like we had seen peak internet. A bunch o

In the case that bitcoin succeeds we shouldn't expect it to be a smooth ascend. After the dot-com bubble it too seemed like we had seen peak internet. A bunch of people underestimated how hard it is to do something useful with bitcoin, that doesn't necessarily mean that it will be a failure. I'm not confident that bitcoin will succeed, but neither am I confident that it won't.