Does this mean that bitcoin, for all bitcoin hardly good stated noble intentions, is useless? By Gary Smith. However, a co-founder and partner at the Morgan Creek Digital fund believes that learn more here halvening may have very little effect on the Bitcoin price and even cause a big sell-off. Prices would rise, especially if supply bitcoin hardly good limited just as an artificial supply limit is built into the bitcoin algorithm. Yet, nitwits bought nitvenders. Partner Links. The people of Yap used stones canoed in from hundreds of miles away. I assumed that Wall Street would stay away. Except for scarcity of supply, bitcoin fails on the other attributes. As a real-world comparison for blockchain and bitcointake this example from the blogger The Unassuming Banker :. Bitcoin hardly good the cryptocurrency faces two significant problems here as well. I wanted to bitcoin hardly good the phenomenon for myself. On-Chain Governance On-chain governance is a governance system for blockchain in which rules are hardcoded into protocol. Unlike electronic money that flows through the banking system and is monitored by central banks, bitcoin uses cryptography and decentralized control maintained by blockchains. The entry of insurance giants, such as Lloyds of London, into the cryptocurrency more info, is another development that will assuage the concerns of investors, who are otherwise wary of investing in cryptocurrencies. Opinion: Bitcoin buyers are only fooling themselves — again.