Re:Bitcoin – Potential Network Disruption on July 31st
by erikpukinskis on Thursday July 13, 2017 @02:00AM
(#14759059)
Bitcoin doesn't need to be prime time at all. Almost no banking services, outside of checking accounts and index funds, are "ready for prime time" and yet banking services is a huge market.
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Re:Bitcoin – Potential Network Disruption on July 31st
by acjohnson55 on Thursday July 13, 2017 @09:56AM
(#14761220)
Fair point, but that still leaves a burden of proof to show what niche Bitcoin fills and how much that should be worth. It has to become a major pillar of either consumer spending or the financial system to justify its value.
Don't get me wrong, I think the concept is brilliant. I just don't see how nearly 10x value was created in about a year.