Today I share my thoughts on cryptocurrency, with a focus on Bitcoin, and I share why I believe Bitcoin is revolutionary, excellent money, and more importantly, why it is crazy to suggest cryptocurrency is "going to zero".
Bitcoin is Revolutionary: A case for cryptocurrency
People like Peter Schiff, outspoken gold-bug and anti-crypto investor, regularly and recently publicly declare Bitcoin is crap, a ponzi, or that it is going to $0. Where does he get those ideas? What could possibly support that suggestion?
It seems such suggestsions are without any merit but these suggestions linger and persist despite its obvious folly.
Cryptocurrency is a store of value, and a functional currency, it is revolutionary, and it is an exciting and obviously powerful investment opportunity.
I really do not understand people that do not agree with these assertions, and it seems to me that any one arguing either:
- doesn't get what cryptocurrency is, and/or
- they simply want to deny the capability of Bitcoin because it stands against what they stand for.
Bitcoin is trustless, secure, reliable and revolutionary new money, and if you disagree, I'd love to hear your thoughts because I simply do not understand that view.
As always, thank you for your time and attention. Have an excellent day, and God bless you.
Buy Gold, Silver or Crypto:
- Silvergoldbull.ca (Buy 10oz Silver @ Spot)
https://silvergoldbull.ca/10-oz-silver-gold-bull-silver-bar - Coinbase:
https://www.coinbase.com/join/59bbe24dd0e8a800f12e7b93 - Coinsquare:
coinsquare.com/register?r=E4EB3832E
Crypto may stabilize and be more steady, like Fiat...
The day traders will hate that, but the actual users will love it.
I really don't see it going to zero... Ever!
It's so much better than what we have now... It's like mailing a letter for $.35 vs sending an email for a tiny tiny portion of what you pay for internet.
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Another thing is we western living affluent people might make it sound less inpressive but to 2 to 4 billion people in the world with, no or only very limited banking, living on cash, BTC is a game changer.
And yes I agree: BTC is like emailing vs snail mail.
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People sometimes deny what they don't truly understand, it is a human nature!
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But I really wonder do people believe their nonsense or do they just hate?
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It is to have an open mind and be ready to learn the technology!
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