Bitcoin prices will hit mind blowing numbers in the coming years. Remember 1995? If you miss this crypto trend, it will haunt you forever.
Bitcoin has incredible value as an international transfer mechanism. You can take any amount in and out of any country. You don’t need permission from any government.
You can send it across any border—or any number of borders—as often as you want. And there’s nothing anyone can do about it.
Latin America, where bitcoin helps people get around capital controls. (Governments use capital controls to trap money within their borders so they have more to steal.)
Bitcoin helps people bypass these restrictions. That’s because governments can’t freeze, seize, or block the transactions.
This is why bitcoin is such a disruptive and exciting technology, and why bitcoin should be a critical tool in your international diversification toolkit.
Bitcoin’s use is set to explode… and it could make you a fortune.
On August 9, 1995, the internet had its “mainstream” moment.
That’s when Netscape held its initial public offering (IPO) and released its web browser, Netscape Navigator, to the world.
At that point, the internet had already been around for 15 years.
Yet despite being one of the greatest inventions in history, the world was slow to adopt. In 1995, only 0.3% of the world’s population used the internet.
The internet needed a catalyst. And looking back, it was Netscape.
The numbers back it up.
In 1995, there were 16 million internet users. Then Netscape Navigator came along. By the end of 1996, the number of internet users had more than doubled to 36 million.
And five years later, we reached over a half-billion users. That’s growth of over 100% annually.
The success of the IPO inspired the term “Netscape moment.” Today, we use the term to describe an event that signals the dawn of a new industry.
I believe we’ve already had our Netscape moment for another technology: bitcoin.
Now, it’s incredibly difficult to make predictions, especially without the benefit of hindsight. And I might be wrong.
Nevertheless, today I’ll tell you which key event over the past two years was bitcoin’s Netscape moment.
Bitcoin Is Like the Internet in 1995
Today, there’s an estimated 15 million–35 million bitcoin users. We’ll split it in the middle and call it 25 million.
That’s 0.3% of the population… similar to the number of internet users before its Netscape moment.
Like the internet in 1995, bitcoin continues to gain popularity.
The chart below highlights the key events of the last two years.
To me, one event stands out as bitcoin’s Netscape moment. That’s when Japan legalized bitcoin.
Bitcoin’s Moment
Since bitcoin was legalized, here’s what has happened in Japan…
More than 260,000 stores in Japan are rolling out bitcoin as a payment method.
Stores at famed electronics marketplace Akihabara have started accepting bitcoin.
Japan is setting up a bitcoin “testing hub” for fintech companies.
Leading Japanese bitcoin exchanges have unveiled plans to accelerate adoption.
It’s all leading to increased usage of bitcoin in Japan.
Volume on LocalBitcoins has accelerated since the law went into effect. And it had its highest volume week of the year the last week of June, topping 4.7 million yen (about $42,000).
Tokyo’s Sushi-Bar Numazuko Ginza 1st is an example of the growing popularity of bitcoin in Japan. The restaurant was one of the first to accept bitcoin payments.
The restaurant’s manager said there were only a few bitcoin payments per month two years ago. By March 2017, that number increased to about 70.
This quote from the restaurant manager sums it up best: “Japanese customers are using bitcoin more than we expected.”
How to Profit From the “Bitcoin Moment”
I think we’ll look back at Japan’s legalization of bitcoin as its Netscape moment.
Every day, millions of people are working on bitcoin to make it better. And its acceptance will only rise from here.
And just recently, South Korea announced it will regulate and legalize bitcoin. The trend that started in Japan continues unabated.
The best way to profit from this trend is simply to buy bitcoin.
Read the full story by Tyler Durden at www.silverdoctors.com (also a great online place to buy gold/silver bullion)
Real source:
http://www.zerohedge.com/news/2017-07-26/bitcoin-internet-1995
You just copied the article :/
Your right.....and I posted a link at the bottom of my post stating that.....and the author. Thanks for being the police here though.
So what?! There are no "rules" here against posting content from other sources. I don't have to post a direct link to the article, only give credit to the author. Instead of trying to be mr. Steemit police man you should focus on trying to make friends here with other heavy Steem power holders. Since this is not what you like to do....instead criticize others for the way they like to post ON THIER OWN ACCOUNT......enjoy your 118.00 bankroll and whoring yourself out to SteemWhale like you have been doing, begging for upvotes. I'm sure your gonna be able to buy many packs of bubble gum and pixie sticks at 7-11 with the money you make here acting like you do. I am gonna go ahead and upvote you to the top of this post so you will be exposed to everyone who reads this right at the top. Lol.....you need more people like me here who are willing to invest 80 Grand in the foundation of Steemit for its success! Ain't nothing gonna be successful with your measly 118.oo from your piggy bank you emptied to be a policeman here. Not only did I give silver doctors credit, I endorsed them as a credible source to buy bullion. I am REGULAR customer at sdbullion.com I am confident they have no issues with me re posting thier articles. More on down the road you little troll.
Wow just before I'm about to upvote and then this, shameless people in this world!
Good don't ever upvote one of my posts. I have tons of Steem Power here and I upvote every single comment, which spreads money to minnows like you to help you get started. I spread tons of coins around in here, I'll make sure never to slip you any, or any of my friends I have brought here who have lots of upvote power. Good call on not upvoting this post. I'm sure your gonna have much success.
What are your thoughts on LTC? Forget people complaining....if they can't read the bottom of the article F*** em! Cheers to the NFL Steemit community!
Thanks man, cardboard box above needs to get a life. I really like LTC, I bought 20,000 of them when they were .06 USD in 2012 but sold most of them at 25 during that run up a couple years ago. I still hold a good amount for the long term and I think it will be used as payment because of its fees and speed. LTC is almost like holding BTC.
@broncnutz, good call on the LTC! I am curious to know, what are your thoughts on:
Keep your content coming! Upvoted and resteemed because of your down-to-earth nature as a human being. More people like you needed!
I will most likely sell the BCC I get for free after the split. It's a chance to increas my BTC holdings for free.
Hopefully you sold up early! :)
hahaha haters came in heavy today!
Thanks for sharing this article with us I probably wouldnt have found it otherwise
Lol...no kidding....I'm a friggin upvoting machine over here too! All you gotta do is leave a meaningful comment and I upvote your comment every time. It's absolutely stupid to get sideways with a Steem Dolphin, I can help you build your Steem power. With only 260,000 accounts here.....this ecosystem on Steemit needs more benevolent Steem Power holders like me.
Aint that the truth, i appreciate that... Im slowly working towards stacking up my steem power and spreading the wealth.
I recognized right away you have good intentions here on steem
Thanks cuz!
i am not going to miss it this time
FOMO ;-) don't worry I caught it too
Bitcoin is the future, i have no doubt. Nice article, Upvoted!
waaaaaaaah.....It turns out you are a smart @broncnutz .... hahahahah, teach me, what should I do with "bitcoin" ..... when there is time ... continue another article so that others know about your article is different from the Else in post #steemit ok ... say resteem all your articles hahahha
hahahah....thank u vote @broncnutz
@broncnutz,
Correct dude! That's what I am thinking too. BTC price will climb up and up... and we can buy a SATOSHI by spending few $ in near future :D
Thanks for sharing this great analytical report!
Cheers~
I've read some articles speculating that by the year 2025 bitcoin will be at around 100K. So now i'm doing my best to stock up bitcoins hihihi.
good times to buy Bitcoin now .
Also I am not supporting BCC, but if I were you I would also buy some Bitcoin Cash. JUST IN CASE the price of Bitcoin falls due to the adoption of BCC
I think its all very exciting to watch this baby grow. Thinking a few years ago I own alot of bitcoin but sold them when price was 219$. Should have kept them haha. But yeah I bought back in later.