We have on one side bitcoin booming past 10K and then the 15K USD mark but on the other hand we have numerous issues with exchanges that is creating uncertainty. The last 2 weeks saw major economists including Nobel laureates criticizing bitcoin but what struck the author more is 3 different incidents.
- Bitfinex exchange related news
- NiceHash.com break-in which has stolen 4,736 BTC
- The genuine downtime of Coinbase.com
These issues and creating a uncertainty for all the crypto currency variants including bitcoin.
How to contain these damages when the whole spirit of blockchain is self regulation and decentralization ?