(May 26, 2021 at 7:41 pm)░I░G░N░O░R░A░M░U░S ░ Wrote: BTC will die. A graceful death. It's is the first steam powered vehicle which replaced the horse drawn carriage.
It will go down in history as a pioneer.
But bitcoin itself, (neither a coin nor made of gold) is worthless as medium of exchange.. What does have real value is the block chain it sits on.
Block chain is the future as it has utility for many things.
Like all ponzi schemes, you never know it's a ponzi until you've lost it all and look back in hindsight.
But just like the casino, you won't stop people gambling on it.
I damn sure hope so... But i think it would be a sad prolonged painful death.
People would start buying each time there's someone said "Hey, i got 10 grand profit in just a few months"
Graphic card prices go nuts because of those called "miners"
First BitCoin, then i heard about Ethereum..
And what the heck is a Doge Coin???