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RE: BITCOIN THROUGH $4,000. WHY THIS IS NOT A BUBBLE
But, but.... It's a scam! It doesn't rely on the trusted governments that never stole from the simple citizens, nor the big banks that never lost our trust with bad loan bubbles.
Try explaining that to your taxi driver who has been driving around for the last 13 hours and can't speak English well to even start with haha.
Crypto hasn't even started to scratch the surface of going mainstream!
Well, to this kind of people, just tell them, to buy quick to make a bunch of quick money they don't have the notion of investment, they know only work (blue collar) = money, everything else is a scam because thy are ignorant to the bone. they will buy high sell low anyway, maybe even giving you the keys or password.
Absolutely. But the exchanges for now are regulated. Bitfinex would no more cater to US due to the regulations. May be a truly decentralized exchange could be a solution. We might need to wait for a while to make it happen. I guess project like Iconomi should succeed creating some excellent solution. It's still the beginning, many good things will show up our way. Be alert, invest wisely...