Will Bitcoin Collapse In 2015? – Financial Times
By Giulio Prisco
The Financial Times is running a story titled “FT Predictions: the world in 2015” where Financial Times writers offer their forecasts for the year ahead, from the oil price to Putin’s next moves. Bitcoin makes the Financial Times list of important topics to watch with a headline “Will this be the year that bitcoin and other crypto currencies collapse?”
The answer is:
No. There are too many deep-pocketed interests standing ready to throw good money after bad defending the cryptocurrency experiment, thus preventing an outright or dramatic collapse.
Nevertheless, the chances of bitcoin, the most popular of this new breed of self-clearing financial instruments, making it as a mainstream currency are now zero.