The Case for Bitcoin—a Necessary Bubble

in #bitcoin7 years ago (edited)

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We need a more mature market, 2018 should be the year we accomplish it. I suspect in the long run BTC will stay as the digital gold reference, but nothing more. Sames as now, you would not pay with 1 Oz. gold at the store. For that we have alt-coins.

First come, first serve, apparently. This year is key for the whole crypto market, with the pressure from regulators, a post huge correction and many big projects having to deliver this year... Grab your popcorn, and also some gains!

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But let us make this change gradually and in a clever way—so we won't end up pulling the pin of a hand grenade while being locked up inside the same cage with our enemy.

I love the way you put this. I feel the same way about AI.

Truth Be Told: Bitcoin Is a Ponzi Scheme

Because of whales and certain groups with enormous influence on the price? Isn't this true of some publicly traded companies? What makes it a pyramid?