Post
Topic
Board Speculation
Re: view: bitcoin has hit its full potential
by
zimmah
on 25/09/2014, 18:32:34 UTC
if you google "21$ in bitcoin" immediately there is a exchange rate.  Just like any other currency or formula you can google.   Guess what?  The world knows about bitcoin; its capabilities has been shown.  Guess what?  The world is NOT impressed by bitcoin, and uninterested.  Bitcoin is disliked, and is not useful to 95% of the population.

I was around in 2011, and we dreamed of this day, where the world has been exposed to bitcoin.  As the saying goes "be careful what you wish for", there really isn't that much going on for bitcoin, but furthermore, the future of bitcoin.

Bitcoin is not really decentralized, anonymous, or easy to use.  Any entity that tries to improve bitcoin is not in it to really improve bitcoin, but to monopolize some kind of service that is good for bitcoin in the short run but destroys it in the long run.  Coinbase, mtgox, etc etc...

Bitcoin is centralized in the fact that it is only as good as the developers, and the developers are total stone degenerates.  Bitcoin is doomed to be something that just "didn't work" when we look back at in hindsight.  Just like another penny stock that was selling for hundreds of dollars a share during the .com bubble.  5 years from now (if this forum still exists), someone will bump this thread and facepalm at their ignorance.

let's go back to 1980ish

Quote
if you read the times about "the internet" immediately you will find it on the front page.  Guess what?  The world knows about the internet; its capabilities has been shown.  Guess what?  The world is NOT impressed by the internet, and uninterested.  the internet is disliked, and is not useful to 95% of the population.

I was around in 1970, and we dreamed of this day, where the world has been exposed to the internet.  As the saying goes "be careful what you wish for", there really isn't that much going on for the internet, but furthermore, the future of the internet.

The internet is not really neccesary, anonymous, or easy to use.  Any entity that tries to improve the internet is not in it to really improve the internet, but to monopolize some kind of service that is good for the internet in the short run but destroys it in the long run.  (Some random dotcom companies) etc etc...

(some random flaws about the internet)