Post
Topic
Board Bitcoin Discussion
Re: Treating bitcoin as a teenager.
by
DaNNy001
on 10/11/2023, 15:38:51 UTC
Learn to treat bitcoin like a teenager that's just coming up and still has its future ahead of it and stop the unequal comparison with other financial instruments like gold that have been around for decades.
If you create something new, and form a business around marketing that thing, within a ten year window, if that product or new creation is not selling, it is usually seen as a failure. Many people see bitcoin like that and so because bitcoin has been in existence for more than ten years, they consider bitcoin a failure. It is a wrong impression they have about bitcoins because asides treating bitcoin as a teen, bitcoin is something that is revolutionizing, and totally against the long financial systems that took time to establish. We should not expect it to be very successful at once when it was not created by the government. We should however celebrate the little successes that it is achieving because it is all accumulating to something huge.
I don't know about you, but I wouldn't call the achievement that Bitcoin has gotten, a little one because other cryptocurrency has been in existence with it but the difference has been always clear on the price and massive adoption that Bitcoin has gotten over these little crypto so I don't think Bitcoin achievement for the 14years it has been in existence is something not to talk about because it clearly shows that the coins is growing and others are struggling behind it.