Blockchain Believers Face the Trough of Disillusionment

Blockchain Believers Face the Trough of Disillusionment
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The last 12 months have seemed an annus horribilis in the cryptocurrency world. The Bitcoin community is still fighting its years-old esoteric-to-an-outsider civil war, and is still nowhere near consensus; Ethereum's public image has not recovered from the DAO fiasco; the much-hyped R3 consortium has abandoned blockchain technology; and the SEC rejected the touted Bitcoin ETF.

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