3 ms·
bitcoin has beaten western union, international wire transfers for years now and will continue to do so as notoriety and adoption of crypto-asset grows. However
by bigphishy 6y ago
bitcoin has beaten western union, international wire transfers for years now and will continue to do so as notoriety and adoption of crypto-asset grows. However, that in no way justifies its marketcap, which is just over 500 billions.
However overvalued it is, and however many times the price crashes dramatically, it is likely that the blockchain will continue to exist in 50-100 years. As long as computers and the internet still exist that is.