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RE: Funny Fake News Blog Forbes has a smear campaign on Crypto Currencies. Comparing it to the Dot Com bubble is BS

in #bitcoin7 years ago

That’s just the beginning rather than the end of recent efforts by big governments around the world to turn Bitcoin back into what once was -- an exotic currency for the tech savvy and romantic radicals, as we wrote in a previous piece here.

I think that is the only true part about the news. Governments with strong fiat currencies will probably join China and try to boycott cryptocoins: USA, EU, and maybe few more. However, other countries with weak fiat currencies will refuge cryptocoin, and Bitcoin ban will only affect commerces and make private coins stronger.

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Good point. Bitcoin and other crypto currencies is awesome for poorer countries AND poor people in rich countries. Unfortunately a lot of poor people also lack education and understanding. A lot of poor people in my own country could use their time here on Steemit, and learn how to make money on the BlockChain. I don't think a lot of them are though. They are preoccupied with tv-shows and Facebook/snap/insta.

But we need patience. It will eventually grow large enough for the masses to adapt and adopt.