Richard Richard said "Bitcoin has a lot in common with what Napster was when it arrived. They are ops, honey-pots, and convention busters. They are supposedly rogue operations, but that makes zero sense given that they could be shut down with the flick of a switch. Only an "inside" operation could possibly gain the traction that they did. They are trying (successfully) to alter behaviour.
Bitcoin is especially ridiculous. Does anyone truly think that the U.S. Dollar would allow such blatant competition when America has demonstrated explicitly that it will do anything to expand and protect its hegemony?"
well....i slightly disagree....bitcoin will (perhaps) survive as kind of an asset (like gold, oil, platinum etc) but the real crypto coin will be different. Is it ether or something else? Not for me to be an oracle...but I hope someone smart will share his/hers knowledge for us, the grey mass...
Asset backed crypto is being rolled out now. All the rest are just fiat like paper money butt even paper in your hand is physical. Do not sell pm's to buy fiat crypto. Trade it for pm backed crypto from the brics nations with their own internet soon to come..