Bitcoin Forum
April 04, 2020, 03:38:46 PM *
News: Latest Bitcoin Core release: 0.19.1 [Torrent]
   Home   Help Search Login Register More  
Pages: [1]
Author Topic: Bitcoin phenomena = GSM revolution ?  (Read 613 times)
Full Member
Offline Offline

Activity: 135
Merit: 100

View Profile
July 06, 2011, 09:44:57 AM

I remember reading somewhere that back in late 80's, one of the largest consulting firms (do I dare saying Anderson) advised some large European telcos that the potential market size for GSM is around 100,000 users, and those will be mostly the upper earners. 20+ years later, everyone will laugh at such wrong prediction, yet at the time, that consulting firm was the authority to listen to and take advise from and no one would be blamed for doing so - they would say, "he/she was prudent to listen to an established specialist and not go with the profane amateur sentiment".

I see the history repeating itself - many self-proclaimed in economics and general money matters authorities have their fingers waving and warning us that the potential for Bitcoins is imaginary and not at all big and only the established money traders should speculate in these as the Bitcoins mechanism is so complex, that only few, very experienced in money economics traders can understand it and trade successfully..

Do we see Bitcoin becoming the phenomena the GSM made it two decades ago?

methinks so!
Pages: [1]
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!