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Thats what makes Bitcoin (following r/Bitcoin daily) so exciting, its like the Wild West of technology. There is a window of a few years to make serious money h
by yc1010 12y ago
Thats what makes Bitcoin (following r/Bitcoin daily) so exciting, its like the Wild West of technology. There is a window of a few years to make serious money here IMHO (legally and unfortunately illegally) before various organisations who like their power (and havent yet woke up to the threat Bitcoin poses to them) crack down on Bitcoin, we already see Bitcoin being banned in more repressive regimes such as Russia, the US aint too far behind.
I first got interested in 2012 buying a pile at 3-4$ per bitcoin to play around and satisfy my inner nerd. Then I forgot about it for a year or 2, it has been a wild ride since...
- TheOtherHobbes 12y agoIt's like the Wild West of Tech because it's easy money for scammers, thieves, liars, and frauds - all of whom love easy money. I don't think you can make a revolution work by handing it over to sociopaths and then wondering where all your value went. You probably need something more subtle. Still - BTC is interesting because altcurrency is the future, and mainstream banking is going down within 20-30 years. But it's going to be something more reliable than BTC that kills it. BTC is a premonition, not the real deal.