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Bitcoin expert claims the cryptocurrency has failed


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For most of its lifetime, most of the music industry has viewed the bitcoin cryptocurrency from an (often baffled) distance, although recent excitement around the blockchain technology that it is based on has sparked more interest.

But among people deeply embedded in the bitcoin world, there’s a big debate this week sparked by an article by developer and expert Mike Hearn.

“Despite knowing that Bitcoin could fail all along, the now inescapable conclusion that it has failed still saddens me greatly,” he wrote.

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Stuart Dredge

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