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Bitcoin Was Supposed to Change the World. What Happened?

By Timothy Sohn Nov 21, 2016 8:36 PM EDT

(Vox) – Venture capitalists have poured more than a billion dollars into Bitcoin startups, yet we seem to be no closer to making Bitcoin a mainstream technology. To a large extent, Bitcoin today is still used for the same applications — illicit transactions and financial speculation — that it was in 2014 and 2012.

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