WHY MANY PEOPLE ARE CRAZY WITH BitCoin & THEY BELIEVE CAN REPLACE WITH OTHER TYPES OF MONEY SUPPORT BY CENTRAL BANK
Crazy definition is no reason why, about economic case for cryptocurrency, does not depend on competition or replacing existing currency for current transactions.
A version of the bull case is: Everything will be available soon on the internet, your financial information, your identity, your contact information, your friends, your device, deliver your translation, your place, your opinion. That means that everything is available for non-concentrated computers, not stored in exclusive database or focus.
(Someone Will Try To Control These).
No one else but the Government they will try to control the big tech companies, such as Amazon, Microsoft, Apple and Amazon will try to bribe people to trade all their personal information for services like storage, email and keep passwords, etc… But many will want to keep control of their information and fake connections and transactions.
Nonfocus information is controlled by individuals and exchange for trading purposes requires a solution that the POWER MONEY NO TECH has been known, they can do this, & ” sure ” not MONEY OF GOVERNMENT.
Therefore, the exchange of unbelievable value anonymous through cryptocurrency solutions will be huge in the future.
My personal prediction is 2 % of the economy (for comparison, the Internet is 6 %), but it can be more or less. However, it’s hard to see it at 0. Of course, accepting that cryptocurrency will be big in the future does not mean any specific cryptocurrency investment will be paid off.
Maybe there is no POWER MONEY available today, but there will be value in the future and all the economic values of cryptocurrency will be captured by users and developer that’s sure.