Post
Topic
Board Economics
Re: The phrase to describe Bitcoin
by
deisik
on 09/09/2017, 06:50:56 UTC
In this phrase is how I explain Bitcoin in all senses.

"Bitcoin is the most free and pure form of a crowd-economy, free from the oppression of governments."

"Bitcoin is full of controversy"  This is how I describe Bitcoin.   Eversince bitcoin had been involved in several controversies.  From being first decentralized blockchain, and being the currency of illegal trades down to different opposite ideas that results in forks and splits.   The controvery of opposing political agenda of opposing groups, the segwit and higher blocks debates,  the banning of Bitcoin and eventually acceptance of China.  Bitcoin controvery never stop.

Completely disagree with you... Bitcoin is not full of controversy at all... I don't even know where you get that from. Sure, sometimes there is drama or big news, but not really a lot of controversy.

I agree with the previous poster (with whom you disagree)

It is not that other coins are not filled with their own variety of controversy (e.g. Ethereum itself is a can full of worms of its own). Even Litecoin likely has certain issues and its own array of difficulties as well as a few skeletons in the cupboard. Bitcoin is just a top currency even in terms of controversial issues which are constantly and consistently plaguing it. We can't know what its price would be if there were none (or just less), but Bitcoin still rises despite its controversial nature or state (I mean, over long term, of course)