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RE: Cryptocurrencies Break Through $500 Billion As People Make Death Pledges To Buy More

in #bitcoin7 years ago

I’ve heard the same thing that governments are involved to make everyone get into a digital currency and then pull the rug out from under everyone , but the problem here is that if the government is behind it, people have made a nice profit out of it, and not everyone is all in.
People are using crypto as a investment tool.
They put in and take out trading dollars for crypto and back into dollars, or silver, gold, and in some cases homes and property.
People decide what money is, the governments try to make everyone believe that what they say is real money, but when it all comes down they also claim they can take it back, well not so in the crypto world, NOBODY can take what you have put into a offline wallet, nobody can check to see what valuables they can confiscate when there’s no account of the currency, yet you can go anywhere in the world and, with your secret key, have the money available.
You hear the big bad IRS will take your pensions , your home, and all that crap, but they can’t take away your cryptocurrency, if it’s offline......
Yeah we are in a digital world and yes the whole internet could go down and countries collapse, if that’s the case, cryptocurrency will be the least of your problems.

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I don't think it is going to be the death of traditional currency anytime soon, but it is going to give it a good run for its money. It good for us to have a choice on what we do with what we have earned without the banks being involved raping us with fees, interest rates etc. I think as crypto catches on, so many more industries will eventually pop up..

The biggest issue BTC has at the moment is the volatility, if it can iron that out and start moving in an more rational fashion.. I think it will gain much popularity and much more acceptance with businesses as well.

DAILY DETAILED MARKET ANALYSIS, GIVE IT A READ, MAKE SOME MONEY OR SAVE SOME...

https://steemit.com/bitcoin/@pawsdog/12-12-2017-the-market-view-and-trading-outlook

https://steemit.com/bitcoin/@pawsdog/12-9-2017-the-market-view-and-trading-outlook

İnsanlar ne yapmaya calışıyorlar

One of the most popular girls where I live just asked me about Bitcoin. Seems it might be going mainstream soon, million dollar Bitcoin 2018?

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