Bitcoin Bigger then the Internet!?
Tim Draper a investor in Tesla, Skype, and Hotmail claims that Bitcoin will be bigger then the worldwide web.
Thomas Lee a know Bitcoin bull predicts that Bitcoin will reach $25,000 this year, while McaFree predicts 1 million by 2020. and Tim Draper predicts $250,000 in four years.
In a recent interview with CoinTelegraph, Draper essentially stated that the masses shouldn’t be surprised if Bitcoin ends up becoming the largest digital currency. Why? Because Bitcoin has what is deemed “a network effect.” As the coin grows in price, the network expands. That’s why Draper stated in the interview that Bitcoin is the leader in terms of cryptocurrencies.
What do you guys think? Will Bitcoin be bigger than the internet? I think so. Bitcoin in a way created Altcoins some of which like Basic Attention Token (BAT) Preserch and a few other decentralized searches. It won’t be too long before there is a blockchain base internet which will make Bitcoin bigger then the Internet.
Here is the article if you want to read it: https://cryptocurrencynews.com/daily-news/bitcoin-news/bitcoin-to-be-bigger-than-the-internet-tim-draper-thinks-so/
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Nice post; however, it leaves me amused; yet, rme and smh.
It's so far from reality in the real sense of the word.
I don't think BTC will become as big as the internet; because, BTC could and has crashed for far longer periods of time than the internet ever has thus far...knock on wood.
The internet offers a service that benefits millions; whereas, BTC relies on a select 'few' putting money in to keep it 'growing'.
Don't get me wrong, I'm a BTC fan; but, hyperinflating it in theory is far removed from crypto reality. That said, hyperinflated cryptography is quite common for the pumps and dumps of the cryptoworld.
Best regards.
Peace.
Yes but I think BTC will be bigger then the internet bc it’ll lead to things like a decentralized search engine like the one BAT is working on.
Smh....I love your optimism; but, anything that is intangible is vulnerable. Anything that is reliant on the internet is again, vulnerable.
Forgive my cynicism; but, BTC is one cyber attack from being defunct. There is a saying I'm sure you're familiar with..."Don't put all of your eggs in one 'basket'.
And BAT is just another crypto project that sent me looking to see what it is, considering I'd never heard it mentioned by any of the big crypto whales. The post, which I won't link due to a discrepancy, says it has a MAX cap of x number of shares; whereas, the listing on Coinbase only lists the TOTAL #. There's a huge difference in MAX and TOTAL; but, I'm sure you know this.
But, long story short, I think BTC holds 'promise'. And, just like that, I'm reminded that, in the real world, far too often, promises are made to be broken. ;+)...
It shall be interesting to see how this all plays out in a decade or two. JMHO; but, I say invest in BTC and other cryptos you believe in; because, what can it hurt? It's smart to invest what you can afford to LOSE...and too often, people forget this important clause...
Best regards.
Peace.
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