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RE: Fairy Tale

in #bitcoin8 years ago

Hi @onceuponatime, First off - This is my very first comment on any of your posts. I landed here while going through Steemit posts randomly. You've got a very 'movie-ish' writing style. I liked it.

Regarding Bitcoin investment I want to say that all those who embrace it are open to accept future, rest are afraid of accepting the unavoidable change. Regardless of what people think of it and blockchain technology, this is inevitable and can't be stopped just like we can't stop sun from rising every day in the east. People call Bitcoin a bubble. I ask them what do they depend? Something that blasted back in 2007? What created Bitcoin? People? No way. The financial crunch of 2007 created a trust deficit so people started wanting a better alternative. This want created Bitcoin.

Necessity is the mother of invention.

People still say that Bitcoin is dangerous. I ask them what is the alternate they have?

The venom that centralized money advocates are spreading against Bitcoin is actually helping it move even further.

If blockchain is not trust-worthy what else is? It's the trust deficit that created Bitcoin. Trust laid the foundation of this technology.

Here is something funny for these future-phoebic money experts:

Great post @onceuponatime. It's pleasure connecting with you.

Keep sharing and stay awesome.

Steem On!

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Well, I'm not scared of inevitable change. But neither am I enamored with the first iteration of the future. I have actually written a different story line in the Fairy Tale where some newer developments become much more important than bitcoin. Bitcoin has its limitations (especially tps - transactions per second).

Agreed. Nothing is going to stay the same forever. They say change is the unchangeable law and this covers everything. Even BTC does not have 100% in coinmarketcap. Someday, something better will replace it but our romance with it will remain forever in the form of memories. I've noticed some guys like @stan supporting Bitshared since long. You're the second person who is supporting this coin. Though I've not invested in so far but I'm going to do so in 24 hours. I've an account at Bittrex, they have it but you can't buy it from there. The page shows error message. I can buy it at Blocktrades because I have account there. Would it be safe to keep it there?

I appreciate your input on it.

I suggest you download your own wallet at bitshare.org and be your own banker. But you will be responsible, just as you are when you hold bitcoin. With great freedom comes great responsibility.

https://blocktrades.us/ is an enormously competent bridge, with unparalleled customer service/support, to move your investments around between coins. I like to move into bitshares every chance I get.

Many thanks @onceuponatime. I do it first thing in the morning.

Have a good day.

Steem On!