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Bitcoin did have great potential, but it is damaged beyond repair. ... Bitcoin was born with serious flaws. ... it has been compared to a Ponzi schem… - Vivek Wadhwa
" "Bitcoin did have great potential, but it is damaged beyond repair. ... Bitcoin was born with serious flaws. ... it has been compared to a Ponzi scheme. ... It's time to admit that the current Bitcoin needs to be scrapped ... bear in mind what it is that makes some venture capitalists Bitcoin zealots: pure greed. That is the reason clearest to me for Bitcoin's failure.
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About Vivek Wadhwa
Vivek Wadhwa is Director of Research at the Center for Entrepreneurship and Research Commercialization at Duke University's Pratt School of Engineering, a globally syndicated columnist for The Washington Post, and an author of multiple books on economic and policy trends.
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Additional quotes by Vivek Wadhwa
Steve Jobs was a true visionary who refused to listen to customers — believing that he knew better than they did about what they needed. He ruled with an iron fist and did not tolerate dissent of any type. ... Apple may have peaked. ... its last major innovation — the iPhone — was released in June 2007.
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