Bitcoin is dead… NOT!

One certainty is that there will always be doomsayers in this beautiful world of ours.  There are skeptics out there who shout “Bitcoin is Dead” if there is just one hiccup in the price or a disagreement on a technical matter between the developers.  A simple lack of knowledge, understanding or fear drives doomsayers – how many people thought the internet would never be adopted by the masses?

With the onset of quantum computing, some scientists believe Bitcoin will be doomed even though Llew Claasen, executive director of the Bitcoin Foundation, said many cryptographers already are working on a solution to phase in quantum-proof technologies to the bitcoin network.  Of course they are… if you see an oncoming train and you are on the track, do you just freeze and not spring into action to save yourself?

Instead of just talking up Bitcoin, there are statistics available that indicate Bitcoin is very much alive and being adopted daily.

1) TRANSACTIONS KEEP CLIMBING
2) MILLIONS OF BITCOIN WALLETS OPENED
3) HASH RATE IS SOARING
4) TRADING VOLUME GOING UP
5) BITCOIN ATMS SPREADING GLOBALLY
6) MERCHANTS ARE RECEIVING MORE BITCOIN
7) PRICE VOLATILITY…WHAT PRICE VOLATILITY?

See the supporting graphs and  read the full article from Bitcoinist here

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