Ninjastic
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Topic
Board Economics
Re: Money As A Product Of Innovation
by
Victorycoin
on 26/11/2016, 21:11:38 UTC
Quote from: groll on November 26, 2016, 02:46:01 PM
Quote from: paiman on November 26, 2016, 01:45:34 PM
in this sense it is still a legal tender in the developing countries, in addition to digital money is still being developed in several countries, not many people know about bitcoin and as product innovation will continue to be developed in the near future, I think bitcoin this is more effective and efficient. Shocked
Well,  No money innovation would be complete without mentioning cryptocurrency and there’s no space here to explain how bitcoin works. But much like Tide, salt, stones or many of the other weird things we’ve used to represent value; users of Bitcoin agree on it’s worth due to the transparent technology it is built on. The original invention of money allowed people to ascribe value to a person.
That's right, the transparency of blockchain technology is a very strong point for bitcoin and people have really been yearning for this change  and not knowing even what to do until bitcoin showed up and the increasing number of user base is a clear indication of acceptability. Worries about its future price is unfounded because bitcoin has got intrinsic values that are strong enough to keep it attractive to traders and speculators alike and for that we can expect the price would rather appreciate than otherwise.