How and why Bitcoin will plummet in price

An interesting article from Tyler Cowen that gained considerable popularity on Hacker News a few days ago, for very good reason: although a difficult read at times, his article makes a strong case for Bitcoin’s inevitable decline. Also worth reading, Tyler linked to an article by Dan Kervick in a similar vein to this one along with another of his own from November, China, and the soaring price of Bitcoin, both worth checking out.