Quote from: PandaCoinTeam on January 15, 2016, 02:37:30 PM

Quote from: Pelgoran98 on January 15, 2016, 02:03:28 PM

Quote from: PandaCoinTeam on January 15, 2016, 01:59:28 PM

Quote from: Pelgoran98 on January 15, 2016, 12:54:56 PM

Bitcoin has 'failed,' says one of its most prominent developers.... Extremely interesting

http://www.businessinsider.com/bitcoin-has-failed-says-developer-mike-hearn-xt-censorship-2016-1?r=UK&IR=T

"It has failed because the community has failed." - Mike says.

Its not true, community is bigger and bigger every day and there is
a lot of people who need to discover world of cryptocurrencies

One of the main problem is that bitcoin and blockchain technology is
a bit complicated for non-technical users, so they are sceptic about whole system.

Also, one of the problem for bitcoin growth is that you need internet connection to
process bitcoin transactions, and less than 40% of world population have internet access.
Many people from 3rd world countries dont have internet or have a very bad connection.

But good thing is that internet grow every day.
The number of internet users has increased tenfold from 1999 to 2013.

You have missed the point. The writer of the article isn't some nobody. He was one of the more prominent developers. Did you even read the article?!

Yes, I read article from start to end, and what I wrote is just my opinion what is one of
the main problems for bitcoin ecosystem.

Mike write about gov. censorship, mining centralisation, transactions in real-world usage... everything true,
but all that can be changed in the future...
Remember Bitcoin in their early stage? And look where Bitcoin is now after lot od development.

Bitcoin can fail one day, but that day is not soon, for sure.

This indeed makes sense. Thank you for clarifying. Your points are well taken. Thanks.