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     7 years ago 

    Too drunk to read the entire article right now, but from this I think I might finally be getting through to you! ;)

    And I really start to doubt the integrity of humanity. First I only thought that corruption only happens in higher positions, that only politicians or businessmen in high corporate positions can get corrupted. But now it's clearer than ever, corruption in in all of us, and we will never have a utopia, because even the most righteous amongst us can be up to no good whenever the circumstances dictate.

    I think Bitcoin will be an utter failure at it's actual goal of being a currency. It's an investment vehicle and always will be.

    Something will come along using the concepts of bitcoin though, which might be viable as a currency. Not sure I agree that Bitcoin is corporate backed (no idea where you're getting that from) but there are corporate backed projects working on cryptocurrency that fixes some of the technical limitations of bitcoin.

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