Quote from: aimey on February 17, 2018, 02:43:26 PM

The World Needs a New Kind of Currency, Bitcoin: Investor Tim Draper

Bitcoin is the future currency, he said, Why would I sell the future for the past? Why would I go grab some weird fiat thing thats subject to the whims of some government?

As for Bitcoins upside, Draper argued that the world market for currency is $86 trillion. I think that will be crypto. I think a very large portion of that will be crypto.

Draper speaks almost of a new world order created by Bitcoin (and cryptocurrency technology, generally). The unbanked are bankable through Bitcoin, he asserts, with banking regulations making it unfeasible for banks to open accounts for those without sufficient cash. The unbanked, Draper insists, represent half of the worlds population.

On the question of security, given the history of exchanges being hacked and cryptocurrencies being stolen, Draper stood firm. My Bitcoin is more secure than my dollars in the banks. The blockchain has not been hacked, he argues, whereas banks have been over and over.

https://www.ccn.com/world-needs-new-kind-currency-bitcoin-investor-tim-draper/

What's your opinion about the statement of Investor Tim Draper, will the bank and government be alarmed, and do something that would affect us negatively?

All I can say is the banks are all afriad for the changes of our generation. They are also afriad it is because they go to bankruptcy once the bitcoin take the place vs fiat.

justBorn

Posts

Merits