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RE: How Bitcoin became a contagion and why it will die out

in #bitcoin8 years ago

Interesting piece of work but the conclusion that Bitcoin will fizzle seems a bit rash. Has it been considered that Bitcoin is software that can be updated and changed? And comparing Bitcoin to the rise and dissappearance of a disease is a whole new take on this ;)

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If you read the basis of the conclusion, it's agnostic on when (the timing) Bitcon will "fizzle". Depending on how successful the narrative spreads, it could months, years, or decades before human interest could taper off. It's a stylized model that has been used to predict viral trends--some trends go viral a few days, others could go years.