The technology behind Silk Road is still sound, but with the potential for a life sentence it would take faith to deploy them.
Regulating bitcoin and digital currencies is hard, but tackling currency exchanges may be the answer.
With the Bank of England mooting the idea it might get involved with digital currencies, you might think it was good news for Bitcoin.
In terms of a life-cycle of technology, it is easy to see Bitcoin as being at the same developmental stage as babies going through the “terrible twos”. All of its technological possibility lies ahead…