Looming Bitcoin Instability



  • This is an interesting problem, there is a warning out that after July 31st, Bitcoins issued may not be valid and may later disappear from wallets. This does not affect Bitcoins already issued, but signals some concern about the platform. Users, likely, will see a fear that people may not accept Bitcoins from certain dates and that they may not be valid or disappear. With normal currently people accepting payments do not need to worry about a central authority making their money "disappear" or having different dates of money have different rates of acceptance. This adds a significant complication and concern to the platform.

    https://www.theregister.co.uk/2017/07/13/bitcoins_might_just_vanish_into_the_ether/


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