Post
Topic
Board Bitcoin Discussion
Re: Why Bitcoin is doomed to fail, and there's nothing you can do about it.
by
kireinaha
on 16/12/2013, 04:46:10 UTC
This thread is a tribute to all the haters in modern history:

1.  The car is a fad.  Horses will never stop seeing use.
2.  Telephone?  that's a child's toy, it'll never become mainstreem.
3.  Television?  People will get tired of staring at a little box in their house.

Could go on forever.

This quote sounds kind of familiar. Just replace bitcoin with helicopter Smiley Much like the modern helicopter (which has a relatively narrow, but valid, range of utility in air travel) bitcoin will likely fill a role of some type as a store of value or remittance currency, but nowhere near what proponents want (or wish) for it.

Quote
Automobiles will start to decline almost as soon as the last shot is fired in World War II. The name of Igor Sikorsky will be as well known as Henry Ford's, for his helicopter will all but replace the horseless carriage as the new means of popular transportation. Instead of a car in every garage, there will be a helicopter.... These 'copters' will be so safe and will cost so little to produce that small models will be made for teenage youngsters. These tiny 'copters, when school lets out, will fill the sky as the bicycles of our youth filled the prewar roads.

-Harry Bruno, aviation publicist, 1943.