Just for the record – Bitcoin has not failed. I will be discussing this on CNBC and RT on Monday morning.
One of the core Bitcoin developers now works for the 40 banks trying to create their own version of Bitcoin without all the benefits of working without a bank and to help promote his new job he decided to go out by creating uncertainty to new Bitcoin investors. Got Goldman Sachs and JP Morgan written all over it.
The real announcement is not that Bitcoin has failed, but that Bitcoin is reaching record transaction sizes and we have great solutions to deal with it that were discussed at Scaling Bitcoin.Simon Dixon