Many People like Bitcoin for all the Wrong Reasons

I decided to make this post on the basis that Bitcoin started as an open source project aimed to show a vision of cryptographic currency that replaces traditional monetary systems. It was aimed to show the value of decentralization if used correctly. People however seemed over time to care less about Bitcoin’s core technology.

The whole cryptocurrency market is more or less focused on Bitcoin’s price over its core technology. This makes a growing number of useless altcoins or cryptocurrency that claim to be decentralized and aren’t. For Bitcoin to stay truly what it is, people need to be able to appreciate the technology more than just trying to make it a corporate take over type scenario. The 2009 Bitcoin was likely not meant to orchestrate what we are seeing now. I say this having learned about its technology in 2011, making me a latecomer.

Disclaimer: Please keep in mind, everything I say is on an opinion based basis. This is not meant to be taken seriously or as actionable financial advice. Do your own due diligence and any trades you do is at your own risk. We are not responsible, proceed with caution and we are trying to voice an opinion not meant to warrant action. This is solely meant to be viewed as a non actionable opinion not meant to be taken as seriously or as a form of actionable advice.

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