He continues to rant on in the comments its pretty great
@balajis -Things like this aren't continuous. Either people trust the bank to hold money or they don't. Every bail-in stimulates Bitcoin.
@balajis -Exit through technology is such a wild card for them. They want you to participate and lose. They have no answer for millions opting out.
@balajis- Like Linux, it's a backend technology right now. Will take some time to fix UX and become Android. Check back periodically...
I think you are right. I've been watching bitcoin since the beginning, a friend told me to buy in at .09 cents. I'll regret not taking that advice forever! One thing is clear to me and that is bitcoin is not going away, its utility value is high and people are just now realizing this. I see all of the foreign immigrant labor here in Florida and think how much money they are sending via western union or moneygram or whatever remittance system they are using and paying a high premium for. These people are not stupid once they figure out they can be using bitcoin I see it taking off. Just a small percentage of the remittance market and the price will skyrocket.