Article Image

IPFS News Link • Bitcoin

The Blockchain Matters More than the President

• https://fee.org, Jeffrey Tucker

Then the price goes down, and it's radio silence again, but for people who complain that their investment hasn't panned out.

What's going on here is the classic pattern. Non-specialists buy high (because of rising public attention) and sell, and then fail to buy low (because low prices don't make the news). It's no different with cryptocurrency than it is with any other stock. 

What's difficult for people to understand is that far more is at stake with Bitcoin than your investment portfolio. Anyone who thinks of this innovation merely as a chance for riches has completely misconstrued the significance of what we are dealing with here. 

Still, every new technology, even revolutionary ones like railroads or flight, must enter our lives through real-time market experience, with all its trials and errors, failures and success, legit companies and frauds, along with investors who get burned and those who make it big.


ContentSafe