Post
Topic
Board Economics
Re: Reality Check on Crypto
by
electronicash
on 17/10/2021, 13:22:52 UTC
This is really a strong message! Look at the nocoiner standing there, ...

Umm. Is that sarcasm? That's Vitalik, and he's hardly a "no-coiner".

On the other hand, I disagree with his conclusion based on what most users think. I think it overlooks the effects of adoption.
I don't think the OP knows who Vitalik is or what he has contributed to crypto-currency with ethereum and also his partial contributions to Bitcoin, maybe he is looking like a random workshop lecturer.
Although I think that image may not really portray what we think it is, he may be analysing some frequent questions by people, or he is explaining those key points in his own thoughts, regardless I have so much respect for Vitalik and all his contributions.

its his prediction that BTC will never be substantially used but being used now, living proof that governments are considering to use it. but vitalik is right on the first one which ideology of decentralization is not what most of the investors come to crypto. what can we say its the profit that people want. you can never live without money in this world.

speculating price is what its for when it comes to currency and BTC or any other cryptocurrency is currency we speculate.