Quote from: Kprawn on January 26, 2018, 03:12:56 PM

Quote from: Torenta on January 26, 2018, 02:39:43 PM

Bitcoin is new revolution of finance world. Everyone knows that bitcoin born in 2009. Currently bitcoin is developing criptocurrency - Bitcoin, Ethereum, Ripple Bitcoin Cash, Cardano, Litecoin, NEO, NEM, Stellar, IOTA, EOS, Dash, TRON, Monero, Dogecoin. Shocked

Will the banks support this kind of financial transaction and will be able to survive together?

In Latvia, bitcoins are something new and unknown. Everyone is talking, but few of them really understand bitcoin's capabilities.

Is it really something lasting or short-lived??? Huh

If some technology survived for almost 9 years, then it is not just a Fad or a craze. Bitcoin is following the same growth

phase as the Internet. The internet was also shunned as a technology for Paedophiles and Porn and Drugs and then it went

mainstream. Governments are struggling to get their heads around it and Banks are giving a lot of resistance, but Bitcoin

is pushing forward, despite these challenges. Grin

I agree with your main points, but I think bitcoin (or rather blockchain) cannot be compared to the internet because the internet created something new, whereas the blockchain is a better alternative to the existing financial system. As such, it hasn't been as disruptive as the internet, because there was no option for people other than using the internet. So it is normal for bitcoin to have flown under the radar for 9 years.

Until bitcoin can start replacing existing financial systems (which I believe will never be the case), the comparison of the blockchain to the internet will not be entirely accurate.