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Title: Magic internet money causing a revolution or doomed to fail or be replaced? Post by: bitcoinsrus on April 18, 2014, 02:31:36 PM It seems that there are mixed comments about what bitcoin is. I think of it as a means of trade with some nice features (no chargebacks, low fees (pennies), secure/quick verification etc).
I see comments about people saying that most of us are greedy and just want to ride the rocket if it reaches adoption. Others say that this is just the result if we take the risks. I am curious to read about if you think bitcoin as an investment, legit means of trade, doomed to fail by another alt (litecoin, nxt, ripple, dogecoin (LOL jk @ doge)), etc. Title: Re: Magic internet money causing a revolution or doomed to fail or be replaced? Post by: BitchicksHusband on April 18, 2014, 02:39:19 PM We fully see it as an investment vehicle, best one of this century. And so far, it has been. And I don't apologize for that.
That being said, I also see it as revolutionizing the world the same way the internet revolutionized the world. It won't be replaced by an AltCoin unless the AltCoin is Facebook or something that has extreme worldwide popularity. Even then, many would distrust it. |