[milesf]

What scares me is not the success or failure of BitCoin. What I find troubling is the spirit of BitCoin is paving the way for the exact opposite result.

The idealism is to produce a system for faster, cheaper, and censorship-resistant way to transact. BitCoin is actually becoming unusable for that. It's slower than Etherium, the fees continue to climb when measured against the US Dollar, and the privacy issues are not being addressed.

Sadly, no one will pay any attention to this while the price continues to climb. Only when the price crashes will folks come to their senses, just like when MintPal was hacked which destroyed VeriCoin and when The DAO collapsed with people voting to roll back and fork.