Why Isn’t Bitcoin Going Further | Social Experiment
I’m gonna start this blog post as somebody that is thinking above the line , as somebody that understand new concepts and knows why there are 1384 cryptocurrencies and growing . Why creator of Bitcoin is having problem and identify itself as a unknown , why is bitcoin having problem to grow up ; One more thing I’m talking from a perspective of a person that understand things not a professional that is working with cryptocurrencies ; So if you are also a newbie to this cryptoworld, I’ve wrote some shorts stories, about blockchain , and how to buy bitcoin ;
I can call this as being a social experiment , but call this social experiment as far as you can call a drinking session with some square heads boys a social experiment but in the end is also my personal opinion why isn’t Bitcoin going further and why all the things I’ve listed up aren’t happening ;
Let’s start with our headline why isn’t Bitcoin going further ?
Why Isn’t Bitcoin Going Further?
1.Lack of information
It stops somewhere where all of us don’t want to see the future . At the start of this conversation I have asked one those square heads how technology evolved from 70’s to 90’s , good but quite slow ; But how technology evolved from 90’s to 2010 ‘ good and fast lot of things happened among those years ; Let’s think even further from 2010 to 2018 is like technology evolved exponential , doubled the evolution; It’s almost a way of thinking further ; Like you are thinking of a brand new device , but after a few days of usage you already start thinking about next generation how is it gonna be ; Our mentality changed , but this happened just with some of us ;
Wheeeeyyy ; That’s why Bitcoin isn’t going further; because there are just some of us that really trust cryptocurrencies and understand there is FUTURE in cryptocurrencies and some of us with a square head and a wrong vision about cryptocurrencies like they are scam and somebody is trying to cheat on them ; Majority of people that I have spoken with don’t trust any cryptocurrency and doesn’t take cryptocurrency as being a real currency ; There are few factors that we should consider about that , lack of information , lack of financial education ;
So we got this straight ;
2.Hiden Agenda
This is another hot and another reason why bitcoin is having all this drops and why bitcoin is not going further as a currency ;
In my opinion whatever they say no government wants to implement a digital currency for real . I have read an article on Mashable , they say countries like Russia , China Venezuela.etc are working to implement a cryptocurrency or a similar digital currency ; I think this is just rumors , for them cryptocurrency is having a lot of downsides ;
Countries where corruption is like home , they don’t want a digital currency where everything is clear , and where all the transactions are transparent ; Now, cash money , you can barely trace them , they are almost invisible, any amount can be received from anyone without any barriers ; But is gonna be difficult when all transaction of Putin clan can be crystal clear for everyone ; That is a downside for them , that’s why they refuse somehow or trying to slowdown the process and mentality of digital currency ;
3.Tax
I’m going to give you just a quick opinion why governments and federal agencies don’t really want digital currency ; Well they fear what they can’t handle , they are afraid of this, they are afraid they won’t be able to screw you the same way they use to screw you on fiat money ; Bitcoin and Cryprocurrency in general does not have inflation , and they fear this little factors that can screw them if they will get it wrong ;
And in the end , I can confess I’m a crypto enthusiast , a support bitcoin ; and I hope in the end we can manage to pay everything with cryptocurrency ;
Source: https://cyberhow.eu/blogging/why-isnt-bitcoin-going-further-social-experiment/