Bitcoin was always bound to fail its most important mission

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The meteoric rise in the price of Bitcoin has brought renewed attention to the world of crypto and driven millions to purchase the digital currency for the first time, which is cause for celebration for anyone pushing for mass adoption.

However, according to Ripple CTO David Schwartz, the architecture of the underlying blockchain means Bitcoin is doomed to fail its most important mission: to deliver a system whereby people can transact freely with one another, without the involvement of any intermediary.

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