If you're newbie to the #Cryptocurrency marketplace, the only thing you'll be sure to hear is #bitcoin with dozens of positive and negative information. Someone says it's a financial bubble, a scam, multi-level network and advises you to stay away from bitcoin as far as possible. But some say it is the property of the future, the technological advancement, the foundation of the financial industry, and the best of them. I want to confirm all the information are right in situation and perspective of each person.
Frankly, for me bitcoin is nothing, it's just a prototype of a new technology with many defects - as a 3D modeling product, for example. The core behind it is the value of technology, not the value of the product.
But #bitcoin has its "value". An ancient technological item, it has historical value as a proof of its feasibility from centralized to decentralized resource management. Where the centralized management mechanism has revealed weaknesses but is maintained and survived under the cover of organizations and governments to ensure the benefits of a certain group in society. Centralized management is also the source of corruption, fraud, inflation and slow development in all areas of humanity.
This is an example of the irreparable weakness of centralized management that can be seen in the financial sector: Can anyone tell me exactly what the amount of "paper money" is in the world? Who is holding them with market share? Certainly no and no consensus is reached because each person's point of view is different. But everyone knows that only 21 million bitcoin will be produced and how many of them are in possession of those bitcoins in exactly the same way each satoshi is - and everything is. Clearly 100% transparent when there is a transaction from one wallet to another. #wallet #money
I can talk all day to show examples of how we need a decentralized management technology but I think you can deduce from my evidence better. If bitcoin is a future monetary replacement for the global financial industry, is it a threat to the survival of big financial giants, banking institutions and even the political organization? Of course. Then why those organizations do not seek to destroy bitcoin to protect group interests and maintain the uniqueness of paper money?
They definitely want to, the problem is they can not do it. Because they were so subjective when they despised the power of the decentralized network - this was also a virtue of bitcoin that I enjoyed, even though I suspected that behind the power of the network Bitcoin is an "AI Virus," an artificial intelligence program that goes beyond the programmer's control on it and back to human attacks - but that would be another story in the sequel "Bitcoin - Progressive the technology or secret weapon of AI " #AI
Do you want to know what the most frightening thing behind bitcoin is ...
Sometimes Bitcoin is frightening! But sometimes it is soothing.
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The most worrisome is the fear and alarm of the people, but the market will stabilize, it is a question of cycles, the statistics prove it.
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