A great read on ways Bitcoin could be hurt

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We’ve just found a fresh and well-researched article on the future of Bitcoin, the topic that interests about anyone in this space. It’s called “Bitcoin: Three ways the bubble could pop”.

The author dwells on the possibility of the worst case scenario, naming the main potential reasons:

Fraud (the possible Bitfinex/Tether collapse)

– Depletion of Ethereum markets due to governments’ crackdown on ICOs

– Blocking off of fiat/crypto gateways that could cut Bitcoin and other cryptocurrencies from the “real” world.

China nationalizes their all mining operations one way or the other (an idea from comments).

The write-up suggests possible solutions for all these scenarios, so reading the article is really worth it.

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