Bit coin and Block chain Is Here To Say

Investors argue that Bit coin’s apparent lack of an intrinsic value beyond what people are willing to pay for it is really just the same flaw that gold, or fiat currency, has. Cynics argue that the whole thing is one vast pump-and-dump scheme, especially when it comes to the more obscure coins. If you think that’s a conspiracy theory, you should see some of the others out there.

Crypto currency fever is heating up. Even the less-than-legitimate websites that hawk opportunities to buy the latest coin are struggling to keep up with its price. Whatever societal or technological value block chain technology may have in the long run, it’s hard to deny that the market is filled with speculators.


Bit coin and Block chain Is Here To Stay
The world of Bit coin, crypto currencies and the block chain technology is still at it’s dawn and we’ve hardly realized the further extent of how mankind can benefit from it more. There is no argument that Bit coin and block chain could be used to do wrong, but the same goes for the dollar, dinar, yen or whatever other fiat. Even a fork or a butter knife could be used as a murderous weapon given to the wrong hands, so there really is no argument. It is not what you have but how you use it which determine if it is to do harm or not. Bit coin and the block chain technology behind it is here to stay and the only logical thing to do is to further harness its full potential for the better good.