“Bitcoin did have great potential, but it is damaged beyond repair. … Bitcoin was born with serious flaws. … it has been compared to a Ponzi scheme. … It's time to admit that the current Bitcoin needs to be scrapped … bear in mind what it is that makes some venture capitalists Bitcoin zealots: pure greed. That is the reason clearest to me for Bitcoin's failure.”

—  Vivek Wadhwa

R.I.P., Bitcoin. It's time to move on. http://washingtonpost.com/news/innovations/wp/2016/01/19/r-i-p-bitcoin-its-time-to-move-on in The Washington Post (19 January 2016)

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American academic

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