None of the Above ([info]artis) rakstīja,
@ 2013-11-14 02:08:00

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"China has discovered Bitcoin. This is what happens with global phenomena. It can spread like a wildfire. What happens when India discovers it is perfect for remittances? What happens when Africa discovers they can exchange payments with just a mobile phone without even having a bank or credit card or any credit period? What happens when parents the world over realize this is a perfect way to give their kids money to buy stuff online with? Or for online retailers to be able to sell to the unbanked and to those who don't have good credit or a credit card?"

"I have a conviction that bitcoin will be the liberator for the worlds poor giving them access to the global marketplace on a scale never seen before. If bitcoin can give market access to that many people the entire planet will experience an upswing comparable to the industrial revolution, only stronger"


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[info]kautskis
2013-11-14 11:37 (saite)
The only problem, of course, is that it isn't a perfect way to buy stuff online -- or anywhere else, for that matter. It's, shall we say, a touch too volatile for that.

(Atbildēt uz šo)


[info]markizs
2013-11-14 14:48 (saite)
Limited supply together with ever increasing demand does not sound like most stable medium of value exchange. Is and will be great as a commodity and value storage, but maybe not so as currency.

(Atbildēt uz šo)


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