Tuesday, January 9, 2018

Bitcoin Over FIAT Currency

Bitcoin represents the economic power that people can reach. Similarly, it symbolizes the union of all societies not to feel excluded by borders and demagogic bureaucracy.

Although it is increasingly criticized by people who support current economic systems whose source is evidently the main origin of acts of corruption worldwide, Bitcoin supporters just grow everyday.
 

One of the reasons why Bitcoin is ranting is because at the beginning it was used for payments for illicit activities. Although this does not mean that cryptocurrencies and blockchain technology is something evil.
 

When VHS was in its infancy, it was used for the adult film industry. Eventually, they realized its functionality and practicality. And it was integrated to all types of films (general, children's, etc.)
 

New technologies are not regularly dangerous. Dangerous can be the purpose people use them for.
 

To expand a bit on the functionality of Bitcoin over FIAT economic systems, in the following video, the expert Andreas Antonopoulos offers us an overview not only about the Bitcoin, but also about the current financial models.


 

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