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RE: Funny Fake News Blog Forbes has a smear campaign on Crypto Currencies. Comparing it to the Dot Com bubble is BS
That’s just the beginning rather than the end of recent efforts by big governments around the world to turn Bitcoin back into what once was -- an exotic currency for the tech savvy and romantic radicals, as we wrote in a previous piece here.
I think that is the only true part about the news. Governments with strong fiat currencies will probably join China and try to boycott cryptocoins: USA, EU, and maybe few more. However, other countries with weak fiat currencies will refuge cryptocoin, and Bitcoin ban will only affect commerces and make private coins stronger.
Good point. Bitcoin and other crypto currencies is awesome for poorer countries AND poor people in rich countries. Unfortunately a lot of poor people also lack education and understanding. A lot of poor people in my own country could use their time here on Steemit, and learn how to make money on the BlockChain. I don't think a lot of them are though. They are preoccupied with tv-shows and Facebook/snap/insta.
But we need patience. It will eventually grow large enough for the masses to adapt and adopt.