Yes, I have read the article. And even though I dislike the article & its negative tones about Bitcoin, I do see the author's point (and it has been brought up before). I.e.- Person A plans on not spending their Bitcoin because they hope the price will increase in the future and they'll be rich, so they let person B spend theirs. Person B does the same thing and doesn't spend any of their BTC, and the economy dries up because of no people spending it.
However, I disagree because I love to spend BTC and do it all the time! It is a streamlined, non-invasive way of buying everything, and you often find cheaper prices listed for goods compared to higher prices for Credit Card & PayPal, because of the processing fees the vendor has to pay with cards. I find it beneficial and enjoyable to spend BTC, and I still believe it will increase in price in the future. So if the price increases any BTC holdings I have will be worth more, and I still helped the BTC
economy along the way.
[...]
And the final conclusion is "The future might not belong to Bitcoin, but it should to its technology."
Seems to be the new approach by main stream media: Bitcoin - boo! Blockchain - yay!I agree, everybody is taking about blockchain technology now that they have finally noticed it. I still think any discussion of blockchain tech. is positive for BTC though, it's just more and more overall exposure.
