The Bitcoin Trend: Is The Cryptocurrency Here To Stay ...

Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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How Bitcoin Was Designed – Preston Pysh Weighs In on Why Bitcoin is Here to Stay

How Bitcoin Was Designed – Preston Pysh Weighs In on Why Bitcoin is Here to Stay submitted by NeedFud11 to u/NeedFud11 [link] [comments]

Here’s why bitcoin is here to stay and why crypto will take a grip of the global $90 trillion money supply

Money supply now is $90 T. Global asset wealth is $280T. Derivatives market is $1.2 quadrillion.
Even if money supply stays around $100 T, Bitcoin could take all of it theoretically. Crypto as a whole could take all of it over time.
Let’s say crypto takes $10T.
It’s less than $400B right now.
Bitcoin is less than $200B.
Bitcoin is a safe buy. I’m buying undervalued projects mostly, have owned bitcoin in the past.
Crypto is Not a bubble. It’s a replacement for fractional reserve banking that even the banks are buying into.
It’s a replacement fueled by technology elucidating what money is without a system to uphold it: worthless; it’s a replacement fueled by hype, by greed; it’s a replacement fueled by the necessities of security taking into account the advent of quantum computing and AI.
Bitcoin is here to stay. If it isn’t, cryptocurrency as a whole is.
👨🏻‍💻🌐🔐
Btw you have a 1/quindecillion or 1048 chance of hacking into a private key. Makes your password and username to your bank look like a four piece jigsaw puzzle of a giraffe made of cardboard.
All in on crypto.
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5 reasons why Bitcoin is here to stay!

https://icodog.io/bitcoin/5-reasons-why-bitcoin-will-succeed-in-the-long-run/
Ten years after Bitcoin was created, doubts still linger as to whether or not it will survive in the long run and maybe become adopted by the masses as a means of transacting. Many innovations don’t last for long due to lack of practical use cases. However, with Bitcoin, we have every reason to believe that it’s here to stay. Our argument is based on five factors that have been used by tech experts over the years to gauge how well a new technology will be adopted. The factors include compatibility with other innovations, complexity, relative advantage, observability and experience through trialability. The factors were developed by Everett Rogers, an innovation diffusion theorist. Using these factors and considering the unique features that are offered by Bitcoin our analysis suggests that the top cryptocurrency is here to stay. Below we are going to look at each factor and see how Bitcoin fulfills them. icodog.io
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Why Bitcoin Is Here To Stay

Bitcoin is here to stay. Detractors will be proven wrong, no matter how many Nobel-prizes they won.
There's enough detractors. "It is a bubble" (Jamie Dimon, Alan Greenspan, Robert Shiller). "It offers people places to hide" (Jack Lew), "Bitcoin is Evil" (Paul Krugman), "it's too volatile"....
To be sure, some of these detractors are undoubtly very smart, but still it seems that they Just Don't Get It.
And that's what I don't get. It is crystal clear that bitcoin is not just a fancy technology, but a new paradigm that will change the world.
For starters, for the first time in human history, it is possible to store wealth such that it is private and secure. In other words, bitcoin offers the possibility to store wealth such that it can not be stolen or confiscated. This on its very own is an important raison d'etre for bitcoin. Plus that you can transfer value as easily as sending an e-mail, without needing anyones permission, at virtually no cost and without having to trust or rely on a third party. This is unprecedented in human history. This has enormous utility, as Wikileaks can attest.
Ultimately, bitcoin is the enemy of every government in the world. I find it unsurprising that its inventor choses to remain anonymous for the time being.
It is strangely amusing to see Jack Lew brushing off bitcoin as "offering a place to hide" and at the same time calling for a raise of the US debt ceiling. It can be disturbing to see Nobel laureates trolling bitcoin. And that is just the start of it.
What will happen next, is a full-on attack on bitcoin by governments worldwide, under the guise of money laundering, terrorism, drugs, child porn, organ trading, you name it. I also expect the US government to become a lot less welcoming to bitcoin rather sooner than later.
What can they do? Well, for instance, the US could declare it to be illegal for businesses to accept bitcoin as a payment. Obviously this will cause the value of bitcoin to plummet.
But, to paraphrase Jamie Dimon, that will not "be the end of it". For starters, such draconic measure will raise a lot of hard questions, because then just as well outlaw cash payments. But that's not even the point.
Because - you might as well outlaw bad weather. It is pointless. Bitcoin is designed to be fully resilient against governmental hostility. And it better be. It must be resilient, and it is, making it unstoppable, just as free speech is unstoppable. There is no way the government can prevent from two people meeting up and exchanging bitcoin and cash or goods. There is no way a government can force to keep wealth in a way that it can be confiscated. And that is what governments historically do: confiscate wealth, through inflation, through confiscation, through force.
Governments are important, but unfortunately: power corrupts. Bitcoin has the ability to give back many of the powers of government to the people. This is also a history-first. In the future, it will force governments to serve the community. Bitcoin has the potential for people to tolerate governments, instead of the current situation in which governments are endured.
Perhaps you find that the last paragraph sounds too far-fetched. It is not. Perhaps bitcoin will be not bitcoin but a different, improved crypto-currency. That's very unlikely, but most importantly - even if bitcoin would be replaced by a superior crypto-currency, this story would remain exactly the same except for the word 'bitcoin'.
What I want to achieve with this post is to give some historical perspective. There is a large group of people either dismissing bitcoin as a fad, or even be hostile. This is fully understandable, because it is not that easy grasp the potential, or to have an opinion differing from that of various Nobelprize laureates.
To bitcoin adopters I'd like this to say if you allow me. Be patient and try to explain the concept to people who are critical towards bitcoin. Don't attack them when they understandably dismiss bitcoin. Don't troll them back when they troll you. Defend bitcoin on its merits, that's plenty enough. Stick to facts.
What must be avoided is polarisation between those who have bitcoin and those who don't. Right now such polarisation doesn't matter much. But it must be avoided. There is no point in rubbing in that the other person is stupid because you bought bitcoin for a tenth of the current price. All it will do is create envy and hostility. Instead, explain why bitcoin might be useful, on its merits.
submitted by trilli0nn to Bitcoin [link] [comments]

Still skeptical about bitcoin's long-term dominance? Here's why bitcoin is here to stay, why alt-coins can't reasonably threaten it, and why we're in the midst of a financial revolution

Still skeptical about bitcoin's long-term dominance? Here's why bitcoin is here to stay, why alt-coins can't reasonably threaten it, and why we're in the midst of a financial revolution submitted by Anenome5 to Bitcoin [link] [comments]

Lindy Effect: Why Bitcoin is Here to Stay

Lindy Effect: Why Bitcoin is Here to Stay submitted by WebSwiftSEO to CryptocurrencyVideos [link] [comments]

Heres why bitcoin is here to stay and why crypto will take a grip of the global $90 trillion money supply /r/Bitcoin

Heres why bitcoin is here to stay and why crypto will take a grip of the global $90 trillion money supply /Bitcoin submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Five Reasons Why Bitcoin is Here to Stay

Five Reasons Why Bitcoin is Here to Stay submitted by Lukovka to Bitcoin [link] [comments]

Media • Why Bitcoin is here to stay in market Read full story here

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Mish Shedlock, an excellent finance blogger on why Bitcoin is here to stay, believes the US Treasury wants to make the US Dollar digital to "make every cent traceable."

Mish Shedlock, an excellent finance blogger on why Bitcoin is here to stay, believes the US Treasury wants to make the US Dollar digital to submitted by zarroff to Bitcoin [link] [comments]

Five Reasons Why Bitcoin is Here to Stay

Five Reasons Why Bitcoin is Here to Stay submitted by Lukovka to btc [link] [comments]

Five Reasons Why Bitcoin is Here to Stay

Five Reasons Why Bitcoin is Here to Stay submitted by Lukovka to bitcoin_uncensored [link] [comments]

Why Bitcoin is here to stay

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Why Bitcoin is here to stay

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Five Reasons Why Bitcoin is Here to Stay

Five Reasons Why Bitcoin is Here to Stay submitted by CryptoCurrencyNews to CryptoCurrency [link] [comments]

Why Bitcoin is Here to Stay: Q&A with Jerry Brito - Reason.com

Why Bitcoin is Here to Stay: Q&A with Jerry Brito - Reason.com submitted by waspoza to Bitcoin [link] [comments]

Why Bitcoin Is Here to Stay (Report from Latin American Bitcoin Conference)

Why Bitcoin Is Here to Stay (Report from Latin American Bitcoin Conference) submitted by TheStatelessMan to Anarcho_Capitalism [link] [comments]

Circumvent the Euphemisms, It’s Time to Face Reality! | Why Bitcoin is HERE to stay!

Circumvent the Euphemisms, It’s Time to Face Reality! | Why Bitcoin is HERE to stay! submitted by innovativerush to Bitcoin [link] [comments]

Why Bitcoin Is Here to Stay (laBITconf)

Why Bitcoin Is Here to Stay (laBITconf) submitted by TheStatelessMan to AnCap_Investing [link] [comments]

Why Bitcoin is Here to Stay: Q&A with Jerry Brito

Why Bitcoin is Here to Stay: Q&A with Jerry Brito submitted by KayRice to Bitcoin [link] [comments]

Why Bitcoin is Here to Stay

Why Bitcoin is Here to Stay submitted by eddpastafarian to cryptocurrencynews [link] [comments]

Why Bitcoin Is Here to Stay (laBITconf)

Why Bitcoin Is Here to Stay (laBITconf) submitted by TheStatelessMan to economy [link] [comments]

Bill Gates Former Wall Street Analyst says Bitcoin Is Here to Stay DON'T BE FOOLED: Bitcoin is Here to Stay [Cryptocurrency News] Why CryptoCurrency is Here to STAY!

Bitcoin is also the first working cryptocurrency that has ever been issued, and the only one created anonymously. Unlike institutional cryptocurrencies, it is a currency by the people, for the people. Which is why I firmly believe Bitcoin is here to stay for a long time — although no one can know for sure. Image by VIN JD from Pixabay Why Bitcoin is here to stay; And more; Options Trading Webinar Replay. Watch the webinar as Bob Lang and Tom Lee cover Bitcoin, earnings and much more. If you love the insights you gained in this webinar, don’t miss your chance to join us live. Each week Explosive Options hosts a FREE options trading webinar during to discuss recent market action, current plays and charts of interest, along ... Why Bitcoin Is “Here to Stay” Some think Bitcoin is on its way out, but Alexis Ohanian — the co-founder of Reddit and a managing partner at Initialized Capital — begs to differ. Speaking to Yahoo Finance in an interview published this week, the Silicon Valley investor said that he thinks the recent developments in the industry make it fair to say that we are now in the midst of ... Why Bitcoin is Here to Stay To most in the Bitcoin (BTC) and crypto community, mainstream media is viewed with intense skepticism. Case in point, the leading cryptocurrency has been declared dead over 360 times according to 99Bitcoins. Most of these attacks come from mainstream outlets, from CNBC and Forbes to the New York Post and Bloomberg. Why Bitcoin is here to stay. The fact that crypto-currency makes illegal activity and terrorism easier to fund is deeply disturbing. But the drivers are simply too powerful: Crypto-currency is ...

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Bill Gates "BITCOIN IS HERE TO STAY!!!" What is bitcoin?

But former Wall Street analyst Tone Vays tells Silver Doctors Bitcoin has to rise above $12,000 in order to end the downtrend. But in the long term, he is bullish on Bitcoin and believes Bitcoin ... We are being moved towards a cashless society, and crypto is part of that equation… Please help support this channel: https://www.paypal.me/coffeetalk David ... Hey Altcoin Daily Team!! Yes! You are gonna like this video. Today I want to talk about Bitcoin. Talk to us on Twiter here: https://twitter.com/AltcoinDailyi... Detailed explanation of what bitcoin is, and how it is revolutionizing the world economy.

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