2013

“How bitcoin is going to fail and why it is not a gold equivalent” – Fester’s Den | $787.05

By Jordan Tuwiner

Last Updated: Jan 2, 2018

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bitcoin obituary
Disclaimer Icon
Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

The federal reserve comes out with their own version of the bitcoin, let’s call it the “USDcoin”, they make a .001 (or some other arbitrary number) USDc the equivalent of $1 and they make it very easy to use. You can have these deposited into your existing bank account and they are immediately converted to dollars and when you send dollars out of your account they are immediately converted to USDc. Then the government also implements anti-bitcoin laws that make using bitcoin difficult or impossible to use. Of course they will claim bitcoin was being used for illegal purposes and money laundering. This will be the end of bitcoin.

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Jordan Tuwiner
Jordan Tuwiner
Crypto Writer

Jordan is a Bitcoin proponent, hoarder, and the founder of Buy Bitcoin Worldwide. He's excited to see benefits sound money will bring to society. Read More

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