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Showing 3 of 3 results by Hioth666
I cannot agree with you more.... I can use a good example :
Many years ago when Dos was still the Operating system of choice, we introduced Pegasus Mail to the people at work and they resisted, saying that telephones and faxes was the only technology that was needed. Now many years after that, people have several choices of webmail and desktop mail and they cannot live without it.
What has changes? Well, people found that email was better than telephones & faxes and the software developers started to develop what the people needed. Now, people can still use Bitcoin.. but there are 1000's of Alt coins for them to choose from.
Give people something better to use and they will shift to the new technology over time, but make sure that you stay ahead of the inevitable competition that will come.
Many years ago when Dos was still the Operating system of choice, we introduced Pegasus Mail to the people at work and they resisted, saying that telephones and faxes was the only technology that was needed. Now many years after that, people have several choices of webmail and desktop mail and they cannot live without it.
What has changes? Well, people found that email was better than telephones & faxes and the software developers started to develop what the people needed. Now, people can still use Bitcoin.. but there are 1000's of Alt coins for them to choose from.
Give people something better to use and they will shift to the new technology over time, but make sure that you stay ahead of the inevitable competition that will come.
This topic have taken the center stage of my thought we have seen how countries around the world are gradually opening the economy to adopt bitcoin and as a result a lot of government policies are already underway to develop a framework that allow regulation of the bitcoin ecosystem which have made me to wonder on this topic. Can a decentralized currency like bitcoin ever get regulated?
Peoples in power never like this, and they never allow to be regulated because these culprits hate all decentralized things. Just because of this now they are tightening their grip on centralized exchanges with regulations and bringing KYC policy very stick.Owning 0.01 BTC won't make you rich,because:
1.The Bitcoin price will never hit 100 million,10 million or even 1 million USD.
2.Bitcoin wasn't supposed to be a "golden ticket" to wealth.Satoshi didn't create Bitcoin for this purpose.
I'm wondering why are you asking this question.
Do you think that being rich is the main purpose of life?Do you think that your life will have a meaning,after you hit a certain level of wealth,when you could afford luxurious things?I don't think so...
What is your definition of being rich?Having a bunch of high value assets and doing nothing all day long?
A person with a meaningful life is more wealthy than a millionaire/billionaire with a meaningless life.
1.The Bitcoin price will never hit 100 million,10 million or even 1 million USD.
2.Bitcoin wasn't supposed to be a "golden ticket" to wealth.Satoshi didn't create Bitcoin for this purpose.
I'm wondering why are you asking this question.
Do you think that being rich is the main purpose of life?Do you think that your life will have a meaning,after you hit a certain level of wealth,when you could afford luxurious things?I don't think so...
What is your definition of being rich?Having a bunch of high value assets and doing nothing all day long?
A person with a meaningful life is more wealthy than a millionaire/billionaire with a meaningless life.