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I mean sure, maybe they will. But people have been saying this for at least 6 years. When will this happen exactly, and why? Bitcoin may never achieve the statu
by arglebarnacle 10y ago
I mean sure, maybe they will. But people have been saying this for at least 6 years. When will this happen exactly, and why? Bitcoin may never achieve the status its proponents hope for, but interest from investors and the financial sector in bitcoin and it's underlying technology suggest it's unlikely to suffer this fate anytime soon.
Unlike HYIP, which are a malicious scam, and LR, which essentially only existed for money laundering and had a single point of failure, bitcoin is at least some kind of innovation.
This position isn't really better than the knee-jerk "bitcoin will replace the Federal Reserve". Both are based on feelings or ideology rather than research, and both fail to acknowledge the great uncertainty that clearly surrounds the future of bitcoin and blockchain technology.