The Bitcoin price is getting hammered as a result of a contentious and emotional debate over Bitcoin's future.
As the debate over the best way to scale the Bitcoin network to handle the ever-increasing number of transactions has escalated, the Bitcoin price has plunged. It's down 21% since July 28.
As long as this fight continues, the price of Bitcoin will suffer.
Here's why this has gotten so ugly, and what will happen next...
The Bitcoin price is getting hammered as a result of a contentious and emotional debate over Bitcoin's future.
As the debate over the best way to scale the Bitcoin network to handle the ever-increasing number of transactions has escalated, the Bitcoin price has plunged. It's down 21% since July 28.
As long as this fight continues, the price of Bitcoin will suffer.
Here's why this has gotten so ugly, and what will happen next...
Bitcoin's future is more at risk now than at any time in its six-year existence.
A civil war has erupted over the best way to scale the digital currency to handle a larger number transactions.
The impasse has put Bitcoin's future in doubt. If its users split apart now, with Bitcoin in its infancy, it will undermine trust and discourage adoption - potentially smothering Bitcoin in its crib.
Here's what this dispute is all about...
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