John McAfee explains the bitcoin growth.

in bitcoin •  7 years ago 

John McAfee, who lately bet on Bitcoin rocket rise, now explains why its rate is increasing in such an astonishing manner.

Безымянный.png

According to his latest tweet, the reason is quite obvious, as cryptocurrency is a much more advanced way of payment than fiat money:

“$15,000. Why? The cryptocurrency paradigm is accelerated. When banks do wires it takes 24 hours. A Cryptocurrency wire takes 24 seconds. Buying with a credit card can take 5 minutes of inputs. A Cryptocurrency buy takes 5 seconds. Why be surprised by 10,000% growth?”—says John.

twitter

source

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  ·  7 years ago (edited)

Nicely put things into perspect, ain't it?...Resteemed! :)

Absolutely