Timothy Mugayi
Jan 18 · 1 min read

Bitcoin is in the same position the internet was years ago let's take a trip down memory lane

Bitcoin has two trajectories it can take either one become a currency through years of price discovery (bubbles over bubble) pumps and dumps, rallies over rallies, usage, distribution of coins and increasing network effects, just like the fractional reserve system all things need time to stabilize. Or alternatively, fail. The upside is greater than the downside. If it was to fail this would have happened years ago. Perhaps we can thank continued geopolitical instability and unfair monetary policies that prop up and incentivize the need for alternative currencies such as bitcoin.

Imagine how people will be talking about cryptocurrencies ten years from now

Timothy Mugayi

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Tech Evangelist, Instructor, Polyglot Developer with a passion for innovative technology, Father & Health Activist