Bitcoin Is a Delusion That Could Conquer the World
It’s a currency. No, it’s a bubble stock. Or, it’s a collectible? Actually, it’s a bet over the purpose and future of money.
Read more: www.theatlantic.com
Other hot crypto news today
- Bitcoin loses over a fifth of its value in less than 24 hours
- John McAfee Doubles Down, Predicts $1 Mln BTC, Bets His D**k On It
- How to Explain Bitcoin to Your Parents
- Topped Out? Bitcoin Flirts with Short-Term Bearish Reversal
- Bitcoin plunges 20% from its high
- The Motley Fool: Bitcoin’s Biggest Competition Is Litecoin
- Fed's Quarles warns that digital currencies like bitcoin pose 'serious financial stability issues' as they grow
- Ronnie Moas Raises Bitcoin Target Again: $20,000 By Start Of 2018
- “Ban Bitcoin!” Says Nobel Prize Winner, While Ignoring FANG Losses
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The idea of cryptocurrencies will never die, it is here to stay. But bitcoin itself I think it will be overcome by other crypto implementations.
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which crypto's do you think will survive?
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I agree. Just like the dot com bubble gave birth to the giants we know now as google, facebook, amazon, and many others, there will be block chains that will rise from the ashes of the final bust of the cryptomarket. We're not there yet by a long shot, but the hysteria will be so contagious that hardened wealthy investors will be struck with drug like euphoria. No one can rightly predict which giants will emerge, they may not even have been created yet.
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People view Bitcoin as a safe haven to store money rather then its usage. No one really cares about Bitcoin's usage but as an asset that grows in value over time. Just Bitcoin changing the world hmm...not sure but the cryptospace definitely!
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