Will Bitcoin Become World Reserve Currency? -

[phantom]

 

I don't consider digital  money to be the same as real money issued by a government like the USA .its nothing but a  high tech version of a bus  or arcade token .   It may go up it may go down but its still not the same  as  something like gold  that's for sure .what do you all think of the future of this stuff?

 

Edited January 25, 2021 by phantom

[phade]

34 minutes ago, phantom said:

 

I don't consider digital  money to be the same as real money issued by a government like the USA .its nothing but a  high tech version of a bus  or arcade token .   It may go up it may go down but its still not the same  as  something like gold  that's for sure .what do you all think of the future of this stuff?

 

Blockchain, which is the nucleus of crypto security, will forever change the financial and banking industry, and alot of other industries, too. Not sure about BTC specifically though.

[phantom]

1 minute ago, phade said:

Blockchain, which is the nucleus of crypto security, will forever change the financial and banking industry, and alot of other industries, too. Not sure about BTC specifically though.

yea but unless a government is behind it  what's to stop any computer programmer from starting there own  blockchain currency , I mean  once it gets more popular you will have a flood of programmers making there own  blockchains   interesting to see  how this all works out . 

[phade]

7 minutes ago, phantom said:

yea but unless a government is behind it  what's to stop any computer programmer from starting there own  blockchain currency , I mean  once it gets more popular you will have a flood of programmers making there own  blockchains   interesting to see  how this all works out . 

There are already tons of them. Heck, ever look at dogecoin? It was literally started as a joke around a meme, and it's openly traded. I made $140 off of it last month. Don't forget the whole concept is to de-connect value from the gov't and the institutional way commerce is handled. 

I'm not big into crypto either, but I can see it only becoming more of a force as time goes on. People are starting to not want centralization and regulation as much as they used to crave it. I mean, a Reddit board literally wiped out $1.6B of value from the institutions today with Game Stop. $1.6B...in a day! It was targeted, too, toward a few institutions specifically. People made $ today. I'm too risk averse for it, but wow, the fundamentals were there and it hit.