Is Bitcoin really a such innovative thing that can change people's lives significantly in the future?
I think we still live fine without having Bitcoin being actively used in our real lives.
Oh well... In terms of transparency, i can take on Bitcoin's technology.
But which one is it that raised its value so much though?
Technology or People's attention?
My apologize for people that maybe not agree with me, but bitcoin last pump i think really get hyped that is why people aware with it. And not because it's technology because after it, bitcoin price looks not get any support anymore except from it's early investor especially when it is dumped. Because if bitcoin technology keep developed and can attract people, it must be already staying in high price.
I also thought like that, the big pump that happened in 2017 was the ICO hype, because all ICO projects use the token / altcoin purchase method with BTC. and not only BTC, ETH and BCH are also one of the buying methods. these three crypto really had fantastic prices at the time, but after the ICO began to disappear, the prices of the three cryptos began to fall. but hopefully I misjudge, and the reality is that Bitcoin is indeed worth defending because the technology has been widely used by many people in the world.
I think that is both. It is because of the technology which is actually innovating and that is why people are encouraged to start making money with bitcoin because of its benefits. We all know that there are lots of benefits you can get when you are involved with bitcoin and with its technology. How are they gonna like bitcoin if the technology itself is not that good? As we are continuing our journey here, there are lots of technology are being produced with different uses of course and that technology is correlated with bitcoin or cryptocurrency itself.