Bitcoin is still a growing venture. What is the difference between bitcoin and other businesses like as u mentioned facebok, is that it doesnt have limitlesa expansion, which actually is a good thing. There is a cap fixed over number of bitcoins that will ever be issued. This maintains the flow and doesnt lead to any inflation. Now this may appear as a vague comparision. But we all remember yahoo, orkut and many other social networks which dont really have a solid existence today. Thats because its such a vast industry that as soon as a new and better equipped service comes on the game, its over for the older ones.
Here in cryptocurrency market, firstly bitcoin itself is the first of its kind, secondly the anti-inflation cap is also there. These favtors will help it sustain a better position for a very much longer time. Also its not something where people just pass their time but its an investment platform of its own kind. So definetely its going to be huge in the future, unless governemental issues dont persist.
Topic: If Facebook Can Be Worth Billions, Why Can't Cryptocurrencies? - page 3. (Read 278 times)
Cryptocurrency is the 21stcentury game changer in today's financial world. The world is waking up to to see the realities of going crypto. The crypto ecosystem can well be over hundreds of billions of dollars in value. Why not
very nice article
If Facebook Can Be Worth Billions, Why Can't Cryptocurrencies?
https://cryptotown.io/news/if-facebook-can-be-worth-billions-why-cant-cryptocurrencies-coindesk/index.html
If Facebook Can Be Worth Billions, Why Can't Cryptocurrencies?
https://cryptotown.io/news/if-facebook-can-be-worth-billions-why-cant-cryptocurrencies-coindesk/index.html
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