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RE: BITCOIN - XBT is this a bubble that will go crisis?

in #bitcoin7 years ago

Bitcoin network performed fine during these both hacks (and all the hacks that has ever happened). If your house has security systems but you left your house unlocked, is it the Systems fault?

The bitcoin network has survived all sorts of attacks over the past 9 years and the network is still going strong.

It's the human stupidity (yes, stupidity) of not implementing enough security measures that can't stand the test of time and attacks.

People should look at bitcoin/cryptocurrency as what it is, a new technology. Not a bubble, not a scheme, not anything. If a horse rider drives a car and crash into the wall, is it the cars fault? Horses won't crash into walls. Are horses better than cars then?

It's foolish to use a technology in its early stage, not understand it, and make uneducated guess.

I don't care what price of Bitcoin is going to go. Price is just human perception and humans never make good judgment. What I'm excited is the technology that Bitcoin makes available. And the social impact it created (of empowerment and decentralization)

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