Adam Cohen’s answer to Is the cryptocurrency Bitcoin a good idea? – Quora

Answer by Adam Cohen, Internet Economist. I work for SeatGeek.

No. Bitcoin is a ludicrously bad idea. It is a scam. A Scam. It is not a currency. The economic assumptions underpinning the Bitcoin ecosystem are laughable, and ignore hundreds of years of accumulated understanding of how currencies work with each other.

Source: Adam Cohen’s answer to Is the cryptocurrency Bitcoin a good idea? – Quora