If anything, the rise of Bitcoin thus far has certainly been interesting! As for Coinbase, their heft and resources will certainly help mainstream this new decentralized money system.
I agree with you. Inflation is due to political maneuvers, and is not purely economical. In other words, without bad politicians, inflation wouldn't exist.
Bitcoin presents more opportunity and potential than anything I have seen since the arrival of the internet. It could be the biggest opportunity in our lifetime.
There will be those who want an easy ride. They'll wait until the problems are solved and the infrastructure is in place. But for me, the exciting time is now, because the future is still being written.
Let those who want to mock the efforts of others do so. The rest of us can roll up our sleeves and be builders of this new economy for the people.
After the first four years of his presidency, Obama had a shocking record of human rights violations. This was heavily publicized in the press. You must have known about it, and yet you still voted him in for a second term.
What was your rationale for doing it a second time, even when the warning signs were clearly present?
Could you or anyone else who voted Obama in for a second term answer this?
I derided Bitcoin and cryptocurrencies in general until I seriously looked into it, and then I could hardly sleep for days because of the huge implications of it.
Bitcoin allows people who are unbanked, especially in developing countries, to hold and transmit money across the world at practically zero cost. Since bitcoin is decentralized, there are no middlemen like banks to take a cut or freeze your account.
Besides, there are a lot more crimes being perpetrated with fiat and credit cards by financial institutions and governments. And with new allegations that it was the US Feds that stole the money from Mt. GOX users (and not Mark Karpeles), I wonder if there isn't a nasty propaganda campaign against bitcoin going on.
This article is close to clueless. But then, for a time so was I.
That will change. Cryptocurrencies are here to stay. There is no undoing decentralized commerce. It will change the world in ways we can hardly fathom.
Funny, every time I asked a mobile carrier sales rep about going pre-paid, they discouraged me. "You'd hate it" they'd say. But I've saved a lot of money since doing so, and with no more mysterious charges on my cellphone bill that no one can account for.