I thought about this before, however, now two Cornell University, Computer Science Researchers are saying it. Here are the links to the articles.
seattlepi.com/technology/businessinsider/article/Researchers-Say-Bitcoin-Is-Broken-And-Could-4955201.php
sciencedaily.com/releases/2013/11/131104112234.htm
seattlepi.com/technology/businessinsider/article/Researchers-Say-Bitcoin-Is-Broken-And-Could-4955201.php
sciencedaily.com/releases/2013/11/131104112234.htm
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.