Post
Topic
Board Economics
Re: What awaits Bitcoin in the future? (poll)
by
aso118
on 14/06/2015, 14:47:41 UTC
I'm optimistic about the future, I imagine it being widely accepted as a method of payment and trading. Because of it's decentralized nature, it's bound to be better accepted, which in turn shall increase the value.
I think crypto-currency is highly potent, and is something that will be widely accepted across the globe.
Smiley

Well we're all somewhat optimistic, otherwise we wouldnt hang around here as much. But i disagree with you on this bolded part , since no central authority also makes every potential new user sceptical, given the fact that they have noone to turn to in the case of theft or fraud.
I believe in decentralisation, but i don't think it's attracting the average Joe, but rather speculators and fast profit seekers.

cheers

If there is nobody to turn to in case of theft or fraud, people will be extra careful about their bitcoins. Average Joe will know that he has to be absolutely sure of security aspects before entering Bitcoin. That is a good thing.  Smiley