New Criticals


Along another register, Bitcoin seems to (rhetorically and actually) exercise a freedom – a freedom from a seemingly total system. Pragmatically speaking, though, “leaving” a traditional monetary system and entering into the Bitcoin system presents one with a staggering array of new problems, as is often the case: limited availability and market saturation, an unstable price index, vulnerabilities to cyber-crime, few participating businesses willing to accept payment in Bitcoins, absolute adherence to a cryptographic and peer-to-peer system, and a reliance on fairly advanced machinery. It is basically impossible to solely transact with Bitcoin in its current form.