Bitcoin advocates argue that both its irreversibility and independence are benefits, that they were explicit design decisions to defy control by governments or banks. But these features are flaws, because anything electronic must be reversible: If bitcoin really is the internet applied to money … then it, too, should have a 'back' button.
The post Once You Use Bitcoin You Can’t Go ‘Back’ — And That’s Its Fatal Flaw appeared first on WIRED.
