By Chongchen Saelee
Bitcoin failed because of human nature: greed. First of all, I never intended on Bitcoin going public or even being monetized. I had written a few prototypes and was testing it myself. It was on private computers. It was more an exercise to see if I could actually bring my paper to life, to see if it actually worked.
Unfortunately, when greedy unaccomplished techies seize the opportunity to steal credit for it, they will. Thus, what you see right now with Bitcoin is parallel of Zimbabwe warlords hijacking of currency. Or what I like to allude to is Lord of the Flies. Bitcoin is meant to cater to everyone, it’s all-inclusive. (more…)