Bitcoin Is a Technology, Not a Business Opportunity, TRON CEO Tells Mainstream

[xWolfx]

I agree with him.

However, even if something is only a technology you can still make money out of it even when i know that he is saying it because he wants to point out that fact to the people.

The benefits it can bring to the future are a lot higher and diverse than only the monetary benefit for the investors.

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[KingScorpio]

I agree with him.

However, even if something is only a technology you can still make money out of it even when i know that he is saying it because he wants to point out that fact to the people.

The benefits it can bring to the future are a lot higher and diverse than only the monetary benefit for the investors.

in the long run technologies dont succeed:

1. no one care about first ever certified paper money bill today

2. no one cares about first ever minted coin

will besame with bitcoin

[michellee]

For me, Blockchain is a technology, and bitcoin is a product of blockchain. I don't know why, but that is what I only think right now. With blockchain, people can create many things including to create a new way of the transaction, and we know that they are create something to give value for the people and they release a new tokens/coins.

[kennen1113]

For me, Blockchain is a technology, and bitcoin is a product of blockchain. I don't know why, but that is what I only think right now. With blockchain, people can create many things including to create a new way of the transaction, and we know that they are create something to give value for the people and they release a new tokens/coins.

I believe that people understand what you are saying, they know bitcoin is just a product from the blockchain, everything is new technology but the fluctuations and rumors, pumping and dumping the value of bitcoin, this seems to be telling us that Bitcoin's mission is not just a technology, it has an opportunity, a place to invest. And even if many people try to deny and not accept this fact, it is still true, people no longer consider bitcoin as a technology, what they think about bitcoin is an investment tool and make money

[kryptqnick]

Sun added:

    “I think Bitcoin is a technology rather than business opportunities.”

Bitcoin is money, blockchain is a technology.

Sun offered examples of Bitcoin scaling solutions, principally the Lightning Network, as proof of the largest cryptocurrency’s ability to reshape internet evolution.

“I think we are facing the next wave of the internet,” he summarized.

Interesting to see how the CEO of the project that is supposed to make decentralized Internet is basically giving all the credit to Bitcoin Lightning Network. Why do we need TRON, in his opinion, then? 

As Cointelegraph reported, previously vocal opponents of Bitcoin, notably JPMorgan CEO Jamie Dimon in addition to Buffett, have appeared to grow weary of lambasting the crypto in recent times.

Unfortunately, they are not tired of making life hard for the crypto market and crypto businesses. They want to stay in the game and possibly profit from the technology while causing as much damage as possible to actual decentralized cryptocurrencies. They want to compete, but they are incapable of doing it, even though they're very influential.

[tomahawk9]

Regardless of what Justin Sun has to say about Bitcoin (which, in all honesty, I couldn't care less about his view on BTC), I wonder how much he had to pay so that CNBC can promote his centralized shitcoin 

He is right, but since bitcoin is promoted as an investment that's how people are going to recognize it in their minds and also promote it further. What do you see everywhere you see the word bitcoin? You will see words like profits, investment, quick money and more like that. Another problem is that people can't use this technology in their everyday life so they are redirected to use it as an investment.

"profits, investment, quick money"...Where do you see those words? Those are the kind of words that I hear mostly from newcomers, you know, people who have no idea that Bitcoin actually has an use-case rather than being just a way to "get rich quick".

[tunapa]

Of course SUN is right on this ! This is majorly one of the problems we are facing now in the crypto space. A lot of these coin are portrayed as business which is why people are always bothered about their price  everytime and they owners  keep hyping with different news and stories just to sustain the price. That’s why usecases are still limited because it was never presented as a technology that it’s supposed to be.

[Eildosa]

Comparison of bitcoin with the Internet is the most correct, I believe. At first the Internet was also not so famous, but now we cant imagine life without it. I think that with bitcoin will be same.

[acheampong64]

Fact is that yes Bitcoin is a technology but it has been capitalized and that therefore brings tge business aspect into it. People now see it more of a business opportunity other than the working tech and that has made people still not get the actual meaning. Anyway i sometimes blame the media and their somewhat "useless" misguided information.

[Ucy]

CEO on decentralized platforms?funny.  So what happens to the platforms if the CEO is captured and forced to make  harmful changes to his blockchain? Would his subordinates coporate?
CEO is an abomination to Blockchain.
He made good points though.