Bitcoin Forum
October 19, 2017, 08:08:38 AM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Can we stop the obsession with prices?  (Read 228 times)
Phantai
Newbie
*
Offline Offline

Activity: 7


View Profile
April 12, 2013, 02:53:40 AM
 #1

This is mostly directed towards people who have discovered Bitcoin within the last few weeks. It's great that the word is getting out there, and I'm glad to see people jumping on the bandwagon, but there's a lot more to the currency than just its price. Bitcoin is the first completely decentralized, peer-to-peer currency, which allows people to transfer exorbitant amounts of money from anywhere in the world to anywhere in the world with nearly non-existant transaction fees.  P2P loans, smart contracts via blockchain, and long-term deflation are in the future for this currency. Let's not obsess over the short term volatility of people moving huge sums of money in and out of the economy.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!