The Bear Case for Bitcoin

Published on
April 19th, 2016
Duration
38 minutes


The Bear Case for Bitcoin

Cypherpunks beyond Bitcoin ·
Featuring John Dwyer

Published on: April 19th, 2016 • Duration: 38 minutes

John Dwyer, Fintech Analyst at Celent, takes us in granular detail through the bear case on Bitcoin, after a thorough investigation of the paradoxes and structural weaknesses led him to move away from advocacy of the cryptocurrency. John discusses individual challenges such as the 51% attack and devalued mining incentives, and expands to discuss the irony of a centralized controlled mining network, the central flaw in the Bitcoin incentive scheme, and the alternatives to Bitcoin that are addressing these issues.