Bitcoin in the Headlines is a weekly look at bitcoin news, analyzing media and its impact.
In the absence of exciting product launches or massive funding rounds, the digital currency community saw renewed scrutiny in the media this week.
Mainstream outlets are still indulging in lengthy features on the subject, however, most continued to address the technology’s perceived shortcomings.
The general consensus seems to be that bitcoin is still doomed for failure, although everyone seems to have a different – and equally creative – opinion as to why.
Perhaps most notably, this week saw Fusion‘s Felix Salmon’s contribution to the debate, alleging that the digital currency would fail because the ecosystem is dominated by men.
In his piece, titled “Why Bitcoin’s male domination will be its downfall”, Salmon discussed Nathaniel Popper’s new book, Digital Gold, noting that it was “as close as you can get to being the definitive account of the history of bitcoin”. In so doing, the author talks about “misfits” and “millionaires”, responsible for the building, mining and hyping of the digital currency.
The post talked about Popper’s failed search for bitcoin creator Satoshi Nakamoto, but focused more on his inability to find something else – prominent women in the community