Topic: Bitcoin on the rise, but may not get too far (Read 378 times)
Author could have research about bitcoin atleast some typing query in google he simple quoted things without any research just normal journalism do create assumption believe that's true and write .
It is funny. He want everyone dump bitcoin.
Text: http://www.tribuneindia.com/news/comment/bitcoin-on-the-rise-but-may-not-get-too-far/428921.html
Clearly Shahid Mehmmod dosent have knowledge about what the bitcoin is.
1. Bitcoin has limited supply, after which mining stops.
2. Bitcoin can be divided into infinitely small numbers. Regarding bitcoin being distributed unevenly, you can look at INR and $ too 1 % of Population holds 50 % of the money. And Money makes money.
3. Regd virus clearing out everyones bitcoins... thats almost laughable. Rem bitcoins are not located at one particular location , infact they are distributed across several nodes. And that is precisely why its better than fiat.
It's funny that anyone without knowledge can write article now days.
The sad thing is that even editors and publishers don't have enough technical knowledge about any cryptocurrencies. Lots of misunderstandings about bitcoins and unnecessary negativity. Hopefully one day people understand.
Text: http://www.tribuneindia.com/news/comment/bitcoin-on-the-rise-but-may-not-get-too-far/428921.html
Clearly Shahid Mehmmod dosent have knowledge about what the bitcoin is.
1. Bitcoin has limited supply, after which mining stops.
2. Bitcoin can be divided into infinitely small numbers. Regarding bitcoin being distributed unevenly, you can look at INR and $ too 1 % of Population holds 50 % of the money. And Money makes money.
3. Regd virus clearing out everyones bitcoins... thats almost laughable. Rem bitcoins are not located at one particular location , infact they are distributed across several nodes. And that is precisely why its better than fiat.
It's funny that anyone without knowledge can write article now days.
@yingyang8884 It is true that the author of this article has limited knowledge about the things and it is evident with the way detailed some of the things,he says we have a dozen electronic currencies which have a market capital of $80 million but the fact is we have more than that and is keep on growing.
https://i.redd.it/tr250es3vh6z.jpg
Text: http://www.tribuneindia.com/news/comment/bitcoin-on-the-rise-but-may-not-get-too-far/428921.html
Text: http://www.tribuneindia.com/news/comment/bitcoin-on-the-rise-but-may-not-get-too-far/428921.html
Clearly Shahid Mehmmod dosent have knowledge about what the bitcoin is.
1. Bitcoin has limited supply, after which mining stops.
2. Bitcoin can be divided into infinitely small numbers. Regarding bitcoin being distributed unevenly, you can look at INR and $ too 1 % of Population holds 50 % of the money. And Money makes money.
3. Regd virus clearing out everyones bitcoins... thats almost laughable. Rem bitcoins are not located at one particular location , infact they are distributed across several nodes. And that is precisely why its better than fiat.
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