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Wednesday, July 19, 2017 10:23:59 AM
Good information about Bitcoin interest though I feel the often repeated chime of criticism leveled against Bitcoin popularity by "alleged experts" misses the mark of critical scrutiny by claiming Bitcoin is too risky ..... "Because there is really nothing there" ..... So it looks like the "big-shots" want people to invest in U.S. fiat paper which appears to have no backing other than the paper and ink it is printed upon ...... while being entirely manipulated by the Federal Reserve ..... No !!! ...... Actually the "big boys" appear to be pushing the ownership of metals so people can lug their holdings of metal around and risk loss by anyone with a metal detector .....
I believe we still need "fiat paper" as an agreed means of valuation to enable trading at the vegetable market ....
With Bitcoin empowerment one gains the benefit of holding a valuation for trading which has a consensus of broad-based international agreement backing it ...... which to me ..... seems like much more than "nothing" propping it up ...... And I often wonder why anyone would make an effort to own Crypto Blockchain coins and then take a radical turn to collectively decide crypto-currency has no value ...... I would be far happier deciding $1 of fiat paper can buy a pound of organic strawberries ...... but will not be holding my breath in anticipation ......
I want to add that Blockchain technology and Bitcoin related offerings must be tested by "FIRE" ..... before this emergent economic system can become empowered to faithfully serve the needs of a robust global economy ..... And toward achieving that end ..... I see the recent "flashcrash" and apparent theft of a recent coin ICO as technical challenges to the crypto-system as it is deployed today ...... And believe the crypto-community has the expertise and ability to resolve any and all lingering issues ..... It´s just a matter of time !!! .....
https://www.thestreet.com/story/14229944/1/bitcoin-s-humongous-returns-are-luring-mainstream-investors-here-s-what-you-need-to-know.html
Best Wishes
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