Financial Institutions will do anything to stop Bitcoin bullish run, will they succeed? LOL! definitely not

in #cryptocurrency7 years ago (edited)

Delaying the verification of newly created accounts through major exchanges, posting news everywhere that the price hike is a bubble, interviewing Jordan Belford - The Wolf of Wall street- to say that Bitcoin is going to burst, a million articles everyday to tell people that it's a bubble, introducing futures, and even convincing one of the co-founders to publicly announce selling his Bitcoins and buying bitcoin cash; All in attempts to stop the buying spree and influence the masses to sell their valuable BTC to create a snowball ball bearish sentiment that drops the price and then have the news and some influencers brag to the people and say "we told you so - it was a bubble".

Financial institutions and governments are scared of the idea of the not governing the money, the idea of a decentralized people bank where people are finally free, where no one has the upper hand over our choices. But in my personal opinion; they can't stop the inevitable.

Maybe in 50 years from now, a Satoshi will become the official universal currency of the planet, where you don't need a currency to exchange your USD to whatever currency.. Think of it as something similar to USB - where anywhere on the planet, if you want to charge your phone, even if you don't know the language; all you have to do is show the usb end of your charger cable and they'll understand that you need a USB socket. One day we will be just scanning QR codes to buy or sell anything. Where men in suits are not on top of the food chain anymore, but to evolve to a new chain, the Blockchain.bitcoin.jpg

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