Post
Topic
Board Economics
Re: Bitcoin Will Change Everything
by
Ridwan Fauzi
on 19/04/2018, 13:46:02 UTC
We are entering in the new type of economy where price predictions are not possible any more because productivity and prosperity of humanity will rise to the new golden age level. Bitcoin will go to 1 million dollars in 2018 and is being used by central banks as a global stardard ledger - dollar will fade slowly those who buy now will become the new wealthy elite.
Bitcoin will really change everything. Bitcoin changes the lives of every bitcoin users. It made them successful and help them to reach their dreams even they haven't the same work as wealthy people. It also reduces the poverty rate in one country which has a big contribution in every economy.
Indeed, bitcoin can change people, but it will not change everything. There will always be regulations that will oppose bitcoin. The government where we live is the main factor for bitcoin development. Bitcoin can develop in a country if the government accepts bitcoin. I always worry if the government strictly prohibits bitcoin, until it comes to the law for bitcoin users. And we will be hard to change bitcoin into physical currency because local exchange and a bank cannot accept bitcoin.