RATE Group | Controversial Bitcoin Contract Leads To Heated Debate: Could It Kill The Cryptocurrency?
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Controversial Bitcoin Contract Leads To Heated Debate: Could It Kill The Cryptocurrency?

21 May Controversial Bitcoin Contract Leads To Heated Debate: Could It Kill The Cryptocurrency?

Posted at 23:21h in Cryptocurrency News by

Because of Bitcoin‘s speculative nature, the asset potentially reaching prices of $1 million per BTC is just as feasible as the cryptocurrency falling to zero.

And while Bitcoin has shown resiliency in the past against all odds, a new controversial contract has lead to a heated debate on if it could lead to the untimely death of the first-ever cryptocurrency.

Is the Bitcoin Killer Finally Here?

United States politicians have come out and explicitly said, there’s effectively no way to kill Bitcoin. The decentralized nature of the asset means it exists outside of the control of third-parties.

Hundreds of obituaries have been written about the first-ever cryptocurrency, and from the ashes it regularly rises again.

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Bear markets haven’t been able to kill it. Chinese miners that may have the motivation to kill it haven’t been able to do so, either. Not even the Black Thursday crash caused by the…

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