Comment by eliwjones

Bitcoin is "doomed" to fail (as a currency) by the simple fact that the supply is capped at 21 million.

This relegates it to the status as a "virtual collectible" (as someone so humorously put it).

Maybe Bitcoin 2.0 will be smart and remove a cap (or build in the ability to allow itself to float).. but Bitcoin as it is isn't flexible enough.