Crypto ‘Won't Turn Out to Be a Complete Delusion'

[acheampong64]

Fact is that those people should've analyzed Bitcoin and crypto in a different perspective other than how traditional asset classes are examined. They did with their "old knowledge" forgetting that this millennial generation are already up to something big.
And this is just the beginning for all of them. They are really going to take back all their words for saying what they said. The future is bright for us.

[MFahad]

When i started to work with bitcoin,, then i read most of these type of articles, but mostly speculations are not come true. Now i work with bitcoin and i gain money from bitcoin. I think we should see what we are thinking about bitcoin and in market value. In my view, crypto is best now and also for future. 

[kryptqnick]

Couple of years back, some individual who feel they so much understand the financial market claimed Bitcoin to be a bubble as well as a delusion then, currently have a change of opinion. Niall Ferguson is one of such and this is an extract of his recent opinion.

British economic and financial historian Niall Ferguson says that cryptocurrencies will not turn out to have been a complete delusion, as he had once assumed.

https://cointelegraph.com/news/economic-historian-niall-ferguson-crypto-wont-turn-out-to-be-a-complete-delusion

With no doubt, it's becoming very clear to all that the revolution of blockchain and Cryptocurrency at large is unstoppable.

It's nice to see some people changing their mind, but there are still lots of those who do their best to ignore accomplishments of cryptos and stress the 'bubble burst' in 2018. I also like it that Ferguson is against stable coins, because backing up crypto with fiat truly does not seem to be a viable long-term solution.

People like Warren Buffet are resistant to change, because old people do not want to learn new things anymore. They made a lot of money from the cracks in the old system and they will not be around when it collapse.  

I don't thini it's about age per se, it's more about experience. People who've done something rather successfully for a long time already developed their basic principles of doing that stuff. When something new comes around and requires a shift of views, they don't want to betray what made them successful so far.

Widespread usage is making it unstoppable. When countries like Venezuela start using it as their main currency you know it has real world use and will never be blocked

I hope you're not talking about Petro coin know, because that government and its centralized currency are not trustworthy.

[Halmater]

These people are like politicians and they just say what people want to hear. Most of them are very experienced in manipulation of financial markets and they think they have the power to control cryptocurrencies but they are wrong. Crypto currencies are unstoppable.

[baghdatis1990]

       Crypto will revolutionize the world. The word "crypto" is increasingly popular and increasingly promoted this market. Many stores in different countries have already adopted the payment currency, Bitcoin. I really believe in Bitcoin and am convinced that the skeptics will believe in Bitcoin. Skepticism usually acts as a defense system for people, but with the passage of time, I think they will change their minds.

[Eildosa]

I think that many public figures who spoke badly about bitcoin will soon change their opinion. Because I believe that in the future bitcoin will strengthen in our lives and everyone will use it. Accordingly, they will have no choice but to accept it.

[Slow death]

Couple of years back, some individual who feel they so much understand the financial market claimed Bitcoin to be a bubble as well as a delusion then, currently have a change of opinion. Niall Ferguson is one of such and this is an extract of his recent opinion.

he gave his opinion, but my question is:

- Why does his opinion matter?

each person will always defend their own interests, the main point here is that cryptos not yet regulated in all the world and this makes the faces that are of the governments and banks and millionaires look cryptos with serious fears and are attacking bitcoin. If someone does not understand something and does not want to understand it and looks at it as a great enemy, then the person will criticize and speak ill of that thing. For example, some people in the banking industry and governments consistently say that cryptos are used to commit crimes, but these same people have never done a statistic where cryptos VS Fiat is compared and who has been used most to commit crimes

[CoinCollect]

The full potential of crypto has not yet been revealed. It takes time for people to realize its usefulness. This is a technology with a great future and all the negative statements about it are just misconceptions.

[BurgerCash]

Couple of years back, some individual who feel they so much understand the financial market claimed Bitcoin to be a bubble as well as a delusion then, currently have a change of opinion. Niall Ferguson is one of such and this is an extract of his recent opinion.

British economic and financial historian Niall Ferguson says that cryptocurrencies will not turn out to have been a complete delusion, as he had once assumed.

https://cointelegraph.com/news/economic-historian-niall-ferguson-crypto-wont-turn-out-to-be-a-complete-delusion

With no doubt, it's becoming very clear to all that the revolution of blockchain and Cryptocurrency at large is unstoppable.

It's not unstoppable, but it has surely been put on hold. 2018 was a horrible year for bitcoin, early bitcoiners are now fractured into 3 different fractions, all of which are failing. LN still requires custodial wallets, BCH development is moving slowly and in a questionable direction, BSV has attracted many capable people, and I can't explain why they'd stick with a coin led by a scammer.
I think 2019 is the year we stop the infighting and focus on taking down the banks.

[Yamifoud]

The full potential of crypto has not yet been revealed. It takes time for people to realize its usefulness. This is a technology with a great future and all the negative statements about it are just misconceptions.

I'm not found guilty with that. People are still looking for some basis that crypto could be trusted and even give the securities with their money. Not really that easy(security) if they'll never wanting to help it cause its all about of how we handle our wallets and keys.
With this matter, some were just fooled into unsubstantial news twisted their mind and get turn off. But for us who stayed too long in crypto, its totally not a delusion anymore.

[thefoex]

I think they knew from the start that blockchain is good technology. but because they want to buy bitcoin at a low price, they finally created FOMO. and after all that would say good things about crypto. so do we still trust them?

[deisik]

Couple of years back, some individual who feel they so much understand the financial market claimed Bitcoin to be a bubble as well as a delusion then, currently have a change of opinion. Niall Ferguson is one of such and this is an extract of his recent opinion.

British economic and financial historian Niall Ferguson says that cryptocurrencies will not turn out to have been a complete delusion, as he had once assumed.

Who the fuck is that Niall Ferguson?

And why should we care about what he says or thinks? I guess he is neither the first not the last to have a change of heart and opinion toward crypto all of a sudden (let's call it "insight"). We will likely see a lot of such dudes in the nearest future who open their mind and start seeing the true potential of cryptocurrencies. Anyway, until Warren Buffett himself admits being wrong about crypto, this doesn't count

[Sandus_Cryptolover]

Couple of years back, some individual who feel they so much understand the financial market claimed Bitcoin to be a bubble as well as a delusion then, currently have a change of opinion. Niall Ferguson is one of such and this is an extract of his recent opinion.


British economic and financial historian Niall Ferguson says that cryptocurrencies will not turn out to have been a complete delusion, as he had once assumed.

Who the fuck is that Niall Ferguson?

And why should we care about what he says or thinks? I guess he is neither the first not the last to have a change of heart and opinion toward crypto all of a sudden (let's call it "insight"). We will likely see a lot of such dudes in the nearest future who open their mind and start seeing the true potential of cryptocurrencies. Anyway, until Warren Buffett himself admits being wrong about crypto, this doesn't count

If and only if Warren Buffett publicly admit his wrong opinion and accept the truth but pride and ego wouldn't permit him to yield. Above all, whether Warren admit it or not, blockchain is no respecter of anyone's opinion as the technology will continue to grow and the market controlled by the community at large, not just a thought of one or two individuals.

[jojohamasa]

Couple of years back, some individual who feel they so much understand the financial market claimed Bitcoin to be a bubble as well as a delusion then, currently have a change of opinion. Niall Ferguson is one of such and this is an extract of his recent opinion.

British economic and financial historian Niall Ferguson says that cryptocurrencies will not turn out to have been a complete delusion, as he had once assumed.

https://cointelegraph.com/news/economic-historian-niall-ferguson-crypto-wont-turn-out-to-be-a-complete-delusion

With no doubt, it's becoming very clear to all that the revolution of blockchain and Cryptocurrency at large is unstoppable.

It is good that he went back to correct his previous opinion even partially
I hope other arrogant people have such courage
crypto and blockchain were found to stay.

[alina345]

Bitcoin is backed by the blockchain which is going to revolutionize the way we do business and perform transactions. it will make data immutable and transparent for everywhere. I think it will usher in a new era of money in the sense that Bitcoin is just the first mover.

I see Bitcoin as the digital version of Gold, and should be regarded as a great investment.

[veleten]

we quote every semi-unknown financial historian now ?
and are happy he reverted his opinion , hurray! what a victory for bitcoin
in all honesty this is just another blogger or a journalist that had nothing to write about
when people of his profession are running out of ideas (and money) , they wake up
drink some beer to figh hangover and try to think of ways to earn some money , so they usually come with " X.X.Y said that bitcoin is bad/good and won't/will change the world"
or " bitcoin will be worth xxxxxxxx by the end of yyyy"

[AAKODI]

Of course Financial professionals has misled many people in the world by saying that there is no future for Bitcoin or cryptocurrencies but the truth has revealed now due to massive number of new investors and large scale adoption rate which is undeniable for any one and that is the main reason even governments are keeping an open mind regarding cryptocurrencies so the truth is crypto was never a delusion

[KingScorpio]

Of course Financial professionals has misled many people in the world by saying that there is no future for Bitcoin or cryptocurrencies but the truth has revealed now due to massive number of new investors and large scale adoption rate which is undeniable for any one and that is the main reason even governments are keeping an open mind regarding cryptocurrencies so the truth is crypto was never a delusion

jes crypto will end up with a society that has no regular accessable basic goods (internet, education, food, clothing)

a highly violent sphere, meaning to get recognition (moneyprinting king queen) people will use violence again, to surpress others,  all has been seen in countless tribal wars in the middle east. why do they hate and kill each other? for same reasons this bitcoin talk has anti spam filtration. they all want to access consumption capacities, not provide them. being an earner/worker sucks, being the money printing ruler is awesome.

people will stop talking to each other, because they want all just to shill their coins it will be pointless to talk.

market will have no universal truth only lies deception, shilling, corruption.

sooner or later a dominant excluding nation state society (russia, china, india) will start to dominate everything again, like usa in the past.

regards

[xWolfx]

I mean, this days a lot of accurate actions are being called delusional. Just like the people doing those actions.

Of course it won't be! - The future will prove it. If you look careful you will see the huge benefits of Blockchain and how it will definitely change a lot of system that implement it, changing our everyday life too.

Some people deny for personal interests, others because they don't want/can't see the truth, others because of a bit bigger interest than just themselves. At the end it will be irrelevant, the truth will prevail.

[teejayrichard2]

It is no longer news that so many people who have critisized bitcoin in the past are now coming out one after the other to support bitcoin saying positive things about it and its usage. Bitcoin will surely not turn out be a delusion as it has so much prospect which the world has recognized and are gradually turning to it. Niall Ferguson has seen the light bitcoin offers and now doing the right thing supporting it.