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by bga 3208 days ago
Bitcoin seems like an investment in proving the ideas that may eventually come to form a truly practical cryptocurrency.
1 comments

Yes. Thank you. I honestly feel like it is a solution seeking a problem. Not to say it isn't solving any problems already, but I think it's still seeking a big enough problem that the general public starts paying attention and believing in its value.

Just as an example: I don't see why the US government couldn't adopt the best parts of crypto (e.g. the public ledger) but also be able to control it and how that kind of move wouldn't make it instantly the most trusted cryptocurrency vs all the ones we speculate on today.

The interesting part for me is the more people speculate, the higher the price becomes, and the higher the price becomes, the more useful it is in the institutional level because the markets are deeper.