You are viewing a single comment's thread from:

RE: Fake Bad News are hammering Bitcoin and Cryptos

in #bitcoin7 years ago

Crypto market has been falling lately, people are panicking. This has caused a lot of FUD in the crypto space. I think people need to understand that crypto space and blockchain technology are in the infancy stage. Some people believe that by getting the government involved and shutting down crypto is the answer. This is not the answer because crypto will continue to evolve.

Will crypto have the giant gains we witness a couple months ago, I don’t know the answer to that. But we can look at history and I can say that I beleive crypto is the financial future. If you go back 60 years and think how common place were credit cards? Credit cards were not common place they were new way of transferring currency around. Now everyone has a credit card, teenagers get credit cards when they open a bank account that is how common place they are now.

This will be the evolution of crypto, will it be controlled by governments? Proabably will in some shape, form or fashion. But I don’t think we should look at it as a negative but a positive because then it will become more mainstream. Five to ten years from now all of us that got into crypto now or even before now will be looking back on this and saying “remember when they tried to ban crypto” as we are paying for goods and services from our mobile wallets or some other technology that’s availble to send and receive crypto currency!

Sort:  

True.Media is making thing worse.

Coin Marketplace

STEEM 0.17
TRX 0.16
JST 0.029
BTC 69527.07
ETH 2514.58
USDT 1.00
SBD 2.55