Do some actual research before you try to lambaste something you know absolutely nothing about. I have read several books on the blockchain and cryptocurrency phenomenon and this is for real. There are millions of people living in unfortunate situations who do no have access to banks and credit cards and this decentralized method of payment would change their lives forever. That is just one of the many beneficial uses of this technology. And more and more countries such as Japan recently, just officially recognized bitcoin as a legal payment method. Keep this in mind as well, it took civilization approximately 400 years to accept PAPER as a legitimate form of currency. Naysayers such as yourself proclaimed it to be a flimsy joke.
So as with all new transformative, life-changing technologies, there will be plenty of skepticism as shown in the past with electricity and computers. Erasmus Wilson, the celebrated Oxford professor once proclaimed, “When the Paris Exhibition [of 1878] closes, electric light will close with it and no more will be heard of it.” History is littered with those such as yourself who refuse to embrace the obviousness of the future. Didn’t Digital founder Ken Olsen state that “There is no reason anyone would want a computer in their home,” in 1977. His company was later broken up for parts after its acquisition by Compaq in 1998.
Wallstreetwarriors, you need to get onboard the NEW INTERNET OF MONEY today before you find yourself just as severely misguided with your outlook as the cynics of our past have been so many times before.
