I'm a big believer in Bitcoin and have been buying a lot over the past 6 months. It's certainly not perfect and without challenges but I find some of the criticisms of it strange.
"What is quantum computing comes along and makes it obsolete?" "What is there is a solar flare that damages the blockchain and you lose everything?"
Hummmm what do you think happens to the money in your bank in that scenario? Do you think you'll be able to withdraw all your savings from an ATM?
If someone does create a quantum computer in our lifetime (which is possible) our world will be entirely changed in an instant and the entire traditional financial infrastructure would be up ended, not just Bitcoin.
|