Bitcoin extravaganza or just Hype!

in #bitcoin7 years ago

Yes crytocurrencies! Every single days internet will be bombarded with crytos news. Sigwits, Bip 148 and now the bitcoin cash. Those familiar with cryptos will know what i am talking about. The volatility of the cryptos either will make you excited or will make you want to end your life. Lots of infos that support the crypto will be shoot up in years to come and some say it just a hype and will fall hard to the ground.

In my humble opinions, cryptos will be here to stay.. yes may be or will be the new era replacing the fiat currencies or may be equally important as the fiat money. Well, this will be depending on how we look at it, i mean the cryptos . If you look at it as only an instrument of investment that is buy low and sell high or vise versa than it will be just an investment. Another scenario is buy to keep than it will an investment also.

Lets have a look at the early existence of the fiat money or paper money that we use now. Main reason is for buying your daily essential like food for instance. People start to recognize the important of the exchange tool. People start to look for it, start to earn it and build economic around it. It create the life people chasing after it. You will not have the life without it. Hell yeah, dark things also existing due to it. Why it so important and become so famous?? Because of the usage. People use it to do all sort of things. All around the world use it and the status of one country rely on how much their have thus bragging we a rich nation.
Now, take a look on crytos. How many percent that using it as trade? 1%,5%? How many people around us knows about it? How many people around us really use it? The reality is less than the requirement for it to be important in life.

  QUESTION :   How to build the strong foundations so people around the globe will really recognize the existence?

             .   Do not treat it as investment tool only. Don't just keep it but also spend it like we do with fiat money. Treat it like it 
                 suppose to be.
             .   Promote the importance of it. Its not only the cryptos community but people like you and me. Meaning us. Do not 
                 underestimate people power. We can make a change if we want to. Those control and regulates fiat money will be
                 on their toes if we do this. Give knowledge to those that lack of the existence of cryptos. 

Despite of these facts, yes some of us will not really go in it. Some might be disagree and some say that "you are dreaming".
Well, if that the case, Mr Sitoshi might be dreaming? Blockchain is just a hallucination? Decentralize just a word? And yet, here we are talking about it now. The talks, conference, debates, analysis, cryptos markets, ICOs etc. Dreaming, yes?
Lastly, the foundations we must see and not only the jargon world of it. I am not an economist nor a person well verse on it back with charts etc. The truth is that people like you and me will make a difference and not those crypto guys or miners only. Believe, Embrace and USE IT... thanks.

Arbi

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