Experts predict that Bitcoin will be bigger than the internet.. what does that even mean?
I take it to mean that if it is allowed to operate across all countries without any Government control/ intervention, it can grow to become a massive scam going beyond the coverage of Internet-related financial activities! (Funding terrorists, drug cartels, illegal arms trade, black marketing, money laundering etc)
I'm interested to know which experts made such a prediction, as Bitcoin will operate entirely within the internet, and therefore couldn't be "bigger" than it.
However, it's possible that they meant (or said) that it will cause a bigger revolution than the internet-- this can be argued either way since we're still a good 10 years out.
The truth is, Bitcoin, and cryptocurrency in general, has the potential to cause the biggest revolution in human history. I mean, who ever thought we could fundamentally change money? And what else would be bigger or better? (Provided that the change is for the better, of course).
I would argue that it's definitely for the better. I don't have a problem with banks-- as a person who understands their necessity and can see the whole economic picture, I don't tend to despise them as much as everyone else seems to. Still, I can see that cryptocurrency is just better. Besides, think of cryptocurrency as just a new currency-- governments will still keep their own fiat currencies (or they might choose to make their own cryptocurrency).
by Nicholas Chika Ibemere6 months ago
Between bitcoin and ethereum,which of the two would be a more viable cryptocurrency investment?
by ptosis23 months ago
Does fear strike your heart when a person proudly trumpets their flaw of unpredictability?Trump talks of using nuclear weapons on ISIS and is proud of his erratic capriciousness.
by sofs7 years ago
How do you handle internet bullies? Have you to come into contact with one anytime?
by Carol Dallen2 months ago
What's the next up and coming cryptocurrency, post-Bitcoin?
Copyright © 2018 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.