Bitcoin is the most secure asset bar none. It is unique. The problem is nobody uses its security features properly.
Nobody? I know plenty of people that take their security precautions really really seriously.
And i agree that this market cap is undervalued and should be ATLEAST 10x that summ!
I don't think he meant the individuals but the businesses that can gain a lot from using it.
No no no no no no no no no no.. NO NO JUST NO.
He is referring to this EXACTLY... individuals putting their wealth in exchanges expecting them to keep it safe... You might as well just light your money on fire, send your bitcoins to an address with an unknown private key.
Bitcoin gives YOU the ability to secure your bitcoins... WHen you "put" your bitcoins on exchange you are not "putting" them there at all. You are GIVING them to the exchange and they are giving your a promise you will get them when you ask for them... That is exactly what our current banking system does... The entire point of bitcoin is to stop this.........
DO NOT PUT YOUR WEALTH IN OTHER PEOPLES HANDS...
BITCOIN GIVES YOU THE ABILITY TO SECURE YOUR BITCOINS 99%(That 1% is they torture you for your private key, if you think this wouldn't happen you need to wake up to the world you live in).
So one last time... DO NOT GIVE YOUR BITCOINS TO OTHER PEOPLE TO SECURE....
If you can't be bothered to learn............. you've spent over 10 000 hours in school and you won't spend 20 on learning how to secure your wealth.. you deserve to have nothing.