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Author Topic: Bitcoin, blockchain, technology that does miracles  (Read 1366 times)
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September 22, 2018, 09:37:21 AM
Merited by foserfox (1)
 #41

During the first 10 months of the network's existence, from January to October 2009, bitcoin had no market value at all.  And yet, several hundred people continued to work on this project, corrected errors, tested the network, invented new ways of using it.  Then, one fine day, in the history of bitcoins, an important turn took place.  October 5, 2009 bitkoyn first acquired a tiny market value.  This was the first, timid sign that the system would work.  Let me remind you that at that time few people believed that, in principle, it is possible to create a new world currency from a single computer code, beyond all banking structures, not provided with either material resources or government support, without capital investments, without eminent personalities  and the institutions that stand at its source.  And, nevertheless, this currency arose, on that most significant day, like a small sprout, breaking through the ground, as if in a sign that this miracle is breathing and will grow.  And bitokoyn grew!  Nothing is able to drive me crazy more than idle reasoning that bitkoyn is a failed experiment, since its present value is still below the maximum of 2 years ago.  The very fact that bitkoyn has a certain market value is amazing.  The fact that in his time he equaled the value with the dollar - an exceptional case.  And the fact that he became an island of freedom for the world, chained in a chain of monetary laws - is nothing but a miracle.
 And again bitcoi spreads its wings and is ready to help - when Greece is in crisis, if the euro falls, and the stock exchanges in China are crumbling.  Previously, economic collapse forced people to seek salvation in the yellow metal.  But recently even gold began to fall in price constantly.  Indeed, the price of gold increasingly depends only on the sphere of practical application and is no longer associated with money - it is a dramatic change after 6000 years in the status of a true embodiment of the idea of ​​money and armor, protecting against uncertainty.  And now, young digital technology - a distributed register that operates with virtual accounting units - already has a proven means of accumulation over the centuries. Not only one bitkoyn found himself in a favorable position in conditions of financial instability.  Many crypto currencies have strengthened against the background of deplorable events in the economy - even Dodgkoyn, which was conceived as a joke, and now its market capitalization is about 20 million dollars.  The same applies to light currency, the exchange rate of which is $ 5/1 today.  Praise the light-haired, it is still growing, albeit in the shade of bitcoins, but this is not so significant.  If bitcoin did not exist, lightcane would be considered a miracle of technical thought.
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