There has been a lot of negative talk about Bitcoin lately, not unlike any of its previous bear cycles, so I thought I'd post this to spur some excitement over the potential future of this great technology. I strongly believe that Bitcoin has a very long term future for the following reasons:
1. Bitcoin is software and software is incredibly adaptable. Its only limitation is the minds of the developers and hardware advancements to keep the network alive.
2. With a 21 million coin limit, scarcity will allow Bitcoin to maintain value as long as it has any utility whatsoever.
3. Bitcoin will continue to have utility as long as it:
a) Cannot be touched by governments
b) Can be used for global cross-border payments or transfers
c) Easily storable and transportable
As far as I am concerned, being able to make cheap and rapid payments, while an inevitable capability in Bitcoins future, is only a bonus, not a necessity.
1. Bitcoin is software and software is incredibly adaptable. Its only limitation is the minds of the developers and hardware advancements to keep the network alive.
2. With a 21 million coin limit, scarcity will allow Bitcoin to maintain value as long as it has any utility whatsoever.
3. Bitcoin will continue to have utility as long as it:
a) Cannot be touched by governments
b) Can be used for global cross-border payments or transfers
c) Easily storable and transportable
As far as I am concerned, being able to make cheap and rapid payments, while an inevitable capability in Bitcoins future, is only a bonus, not a necessity.
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Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.