RE: "We decided to move on to superior technology"
As i am browsing for some pic's for a story I am working on. I enter the search "political riots" It is at this point that i start to stair at the screen. the images on the screen scared the shit out of me. I realized that there is something really wrong with this world. I tried to calculate the amount of money that is spent on military around the world. I did not get to the result. However I did think if the UN nations are spending on avg 2% of there GDP on military. that it sure is more money than what is needed to feed the world and more. Now to get to money the political people create unrest. violence, confusion ext. Then they create a common enemy. Then you have all the fuel to sell arms to the rebellion. when the rebellion gets to strong the local army need better arms and the sale is made. Then after the country is completely fucked they come back to buy the assets at rock bottom price. They convince countries to donate to some relieve fund and they start to rebuild the place. Now remember this is more than likely your tax money being spent. If this was done for natural disasters I am sure you will be fine with the idea. However please do the google search "political riots".
That all said. The political players in all major crypto's are surely hustling for position. A time for perfect alignment.
People are concerned about bitcoin future. From a political point of view. The world is starting to realize that the old government systems do not work. Blockchain has big impact on the minds of forward thinking communities. We know we can now have a trusted none corruptible truth. This can be used for any type class industry. The fact that blockchain tech is growing at the pace it has in the past year. All this point to the need for the crypto community to protect bitcoin. The truth is we do not need bitcoin to be a micro payment system with super fast confirmation. All we need is for bitcoin to maintain.
Bitcoin is more than a decentralized crypto currency. It is a movement. It is the way of the future. People in the world are waking up at an alarming rate. The red pill is being swallowed. Governments cannot be trusted. Blockchain can be trusted.
Bitcoin is the crypto that need to survive for the complete crypto industry to succeed.
Bitcoin need to develop a political image. Bitcoin need to be seen as the mother-ship of crypto's. There will be constant buy in to the bitcoin market by bigger players. Many millionaires around the world will buy bitcoin. This will send the value of bitcoin up consistently for the next few years. From a supply and demand view there is just not that many bitcoin to come. Then there are the other markets that will fuel the value. It is just not thinkable that the bitcoin industry will harm bitcoin. Bitcoin is the dollar of the crypto-world.