No problem in being a layman BTC is absolutely driven by innovative technology and thinking outside the box, no matter how risky, and is not intended for everybody in its current state.
BUT before you know it Bitcoin might creep into your daily lives. Just because its new and different does not mean the world will not push it forward.
How many people even knew about BTC before the big hike in November last year? compared to now? Point being Bitcoin is still very much being ironed out, and it is simply to soon to completely write it of. As long as BTC has $ value it will be here to stay.
When will BTC fail? When it hits 0$? Really trying to see why people are so against it? I mean sure don't believe everyone that say you must invest thousands of Rands into something you DO NOT FULLY UNDERSTAND.
Also when will BTC succeed? When it becomes the one Currency to rule them all? When it hits 1000$ again? When your local Mcdonalds charges 0.002BTC for your BigMac?
Different people have different expectations of BTC.
From Bitcoin.org
"Bitcoin is an innovative payment network and a new kind of money"
This is all that Bitcoin is, "People" claimed it to be the next big currency, "People" said its a good investment.
The perception of what Bitcoin is, has been completely changed by the views of what people want it to be. Get rich quick. Its not that and was never intended to be that.
BUT before you know it Bitcoin might creep into your daily lives. Just because its new and different does not mean the world will not push it forward.
How many people even knew about BTC before the big hike in November last year? compared to now? Point being Bitcoin is still very much being ironed out, and it is simply to soon to completely write it of. As long as BTC has $ value it will be here to stay.
When will BTC fail? When it hits 0$? Really trying to see why people are so against it? I mean sure don't believe everyone that say you must invest thousands of Rands into something you DO NOT FULLY UNDERSTAND.
Also when will BTC succeed? When it becomes the one Currency to rule them all? When it hits 1000$ again? When your local Mcdonalds charges 0.002BTC for your BigMac?
Different people have different expectations of BTC.
From Bitcoin.org
"Bitcoin is an innovative payment network and a new kind of money"
This is all that Bitcoin is, "People" claimed it to be the next big currency, "People" said its a good investment.
The perception of what Bitcoin is, has been completely changed by the views of what people want it to be. Get rich quick. Its not that and was never intended to be that.
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