Flaws in fiat make a lasting revival for Bitcoin likely

Over the weekend a friend of mine sent me a link to a recent article in the Economist, “Flaws in Bitcoin make a lasting revival unlikely”. Reading the article brought about a deep feeling of déjà vu. In the wake of MtGox closing in the winter of 2013–2014, I debated a journalist from the Economist on the BBC. Back then, Bitcoin adoption was much more limited, but it has continued to grow as I predicted and the journalist doubted, both for speculation and payments. Then as now, I disagree with the Economist, a “lasting revival” of Bitcoin is more likely than…