"Despite knowing that bitcoin could fail all along, the now inescapable conclusion that it has failed still saddens me greatly" – Bitcoin Senior Developer Mike Hearn
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As a Dallas business lawyer with tech clients locally and abroad, I’ve made Bitcoin an option for making payments for legal services. However, to date, not a single existing or prospective client has offered to pay with the digital currency or one of its alternatives.
Bitcoin is at best premature and unlikely to gain footing for a variety of reasons, including regulatory efforts designed to prevent private cryptocurrencies from replacing government-issued money in offline and e-commerce.
To the extent that Satoshi Nakamoto’s creation can be deemed a success, one would have to consider the future uses of blockchain as the primary achievement.
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