OP, you once again highlighted some of the real reasons why this technology is so extraordinary. Global remittance has exploited people in developing countries for years and there were almost no competition for them. Now, Bitcoin came on the scene and it disrupted their monopoly and we are seeing a lot of changes as a result of this.
People should stop focussing on the profits that they want to make from their investment in Bitcoin and rather appreciate the disruption that this technology has initiated in industries where there were no alternatives and total dominance by some centralized entities.
Please provide a link to your Blog, your entry was very constructive.
People should stop focussing on the profits that they want to make from their investment in Bitcoin and rather appreciate the disruption that this technology has initiated in industries where there were no alternatives and total dominance by some centralized entities.
Please provide a link to your Blog, your entry was very constructive.
Exactly, Making profit sparks interest in Bitcoin when it comes to the end of the day but the thing that I love so much about it is how many problems it can actually solve. There is an automotive performance shop in town that apparently has cars shipped in from wealthy folks on a different continent to have work done. Do these people pay with wire or check? No, They pay with bitcoin. Let's just hope the wealthy do not construe this tech any more than they have with price manipulation and make it hard for developing countries to implement to save their failing economy...I will be watching Zimbabwe very closely with their current crypto talks!
And I'm actually one of the Co-Founder's and Chief Creative Officer for VegaWallet -
All of my blog posts go on their official blog and I didn't want to insert a company plug where it wasn't needed!
Sometime it's nice to be a regular BitcoinTalk userThat shows the level of selfishness of the government which is paramount with African leaders and then they want things to keep revolving around them even when things are not going right.
I said that because, recently I realized that they tried to stop some exchange accounts from functioning such as golix, even when the citizens have been able to find a way to transact without having to rely on fiat that is down the drain, but still, they just could not hold their bullshit.