Post
Topic
Board Bitcoin Discussion
Re: If Bitcoin took over....
by
numismatist
on 07/02/2015, 05:45:00 UTC
... what good do you think it would do humanity?

Critical thinking time - put your thinking caps on.

Anyone and everyone is free to answer as they see fit, but I am really interested in points that:

a) Give reasons why it will. It will be good for humans because.....
Why only "good things" ?

Maybe we should take a closer look at both sides of the coin. Perhaps then it appeares more out open that Bitcoin only competes with other currencies like Maple Leaf, Krugerrand, Dollar, Euro, Renminbi...
You should realise that Bitcoin will never "take over" can only archive beeing established inside a distinctive market niche. For a limited purpose. That could be either worldwide transfer of funds across barriers (political, economical, ideological) or storage of value (which is mood regarding the last year's notations)