Every four years, as coded by its pseudonymous creator Satoshi Nakamoto, the Bitcoin network is scheduled to reduce coin supply by 50%. In just a couple days, the Bitcoin community will celebrate its next block halving. Even if this nightmare scenario miner drop-off doesn't occur after the halving, sending the price of a non-functional Bitcoin network to $0, there are problems in the community worth thinking about. Posts are routinely censored or deleted from the leading reddit community dedicated to Bitcoin discussion, causing less censored alternates to spring up. On popular US-regulated exchange Coinbase, Bitcoin is down US $30 over the last 24 hours.

Source: Huffington Post July 07, 2016 16:07 UTC