Post
Topic
Board Bitcoin Discussion
Re: Bitcoin unsustainable at these levels. Are people deluded?
by
xxollaxx
on 11/12/2017, 12:53:42 UTC
You have a very good argument here. Yes there are already alts out there that are better than BTc when .it comes to the purpose and the whole decentralization thing.But bitcoin was the first and as you said  people wanna make quick money after seing how much it grown this past months. So one of the main attraction about bitcoin right now is not his purpose but his price . Besides how do you expect to control those big holders ? they are investor also and opportunists ,That way you are suggestion that the network should make a limit on how much bitcoin you can hold ? Where's the freedom in that? isn't BTC all about having your freedom over your assets.

I am in no way suggesting anything. This project turned into a first dibs kinda thing. I just don’t think Satoshi really had a clue what was going to happen. Kinda like when you have great intentions with something and it just goes out of control. To me that’s a problem though, there has been people to be verified to have 100s of thousands of coins just there laying around. New people are also getting carried away by the news and buying 1 btc with their life savings because they think it will make them a millionaire and that BtC will be the only currency of the future. How can anyone really predict that? If BtC goes to millions then I will be a millionaire so cool I guess but then there will be quadrillionaires out there which I mean is that even sustainable? That would be like for every ultra rich there will be millions of ultra poor. This in my opinion would be the most catastrophic thing to ever happen in the history of mankind. Just saying. So those quadrillioares will call the shots for good or evil. Isn’t that scary though? But I bet people haven’t even had that thought through their minds right now. Lol.