Open Goal

“Open Goal” – a cartoon that illustrates that bitcoin has the potential for mass adoption, but internal industry issues are more likely to hold it back than competition or governments shutting down bitcoin mining.

According to the Federal Trade Commission, Americans have lost more than $80 million in cryptocurrency investment scams in the last six month, a 1,000% increase in the last two years.

Increased regulatory scrutiny and consolidating regulatory oversight will not likely be favorable to a decentralized, self-governing currency with no body to represent the interests of the currency to regulators.