This is true. Bitcoin has changed the world economy.

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Jeffrey raises a really interesting point here about the transfer of wealth and the future crypto rich who will be the ones to shape the future direction of society. Perhaps in the long term this will be the most impactful thing about this whole movement and the effect it has on the future direction of the planet. A lot of young people with different skillsets, desires and way of visualising the future suddenly coming into a lot of money will be hugely influential on where we go next as a species

Do you have a bitcoin? I think most of those who post about bitcoin - don't have it.

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Hey, @joshsigurdson Well conversation Bitcoin will rock in market but alt are seems in trouble :)

Thank you for this information. New to the crypto currency and have been looking for posts that aren't filled with jargon. FOLLOW.

https://steemit.com/bitcoin/@foxyfire/how-to-make-money-from-the-falling-bitcoin

> Bitcoin and Dash has small circulation caps which creates scarcity. They also have application use which brings in an even greater demand.

-Absolutely right! These are also the reasons why I believe in bitcoin. Please check [my article about it](https://steemit.com/cryptocurrency/@hiroyamagishi/new-bitcoin-questions-is-it-just-a-wobble-in-the-roller-coaster-wheel-could-trading-bots-have-saved-the-day) as well. Thanks!

my idea is that the price of the bitcoin will be 50,000 USD.
It rises very fast and also runs out

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Catch Me Outside How Bout That

I can't grasp the value of bitcoins. People say they're getting rich from it, but who is paying people bitcoins for their labor? Nobody seems to be able to give a straight answer to that. They seem to generate it based on computer power. I don't really like the idea of wasting energy for the soul purpose of making money. I tried mining for bitcoins a few times and it was the biggest waste or computer power and time.

BTW here is my bitcoin address. Hopefully the wallet that generated this address and private key don't suddenly disappear on me like last time. That's another reason I don't trust bitcoins. When stuff goes wrong it's just "Whoops. Oh well, these things happen." Luckily I had no "money" on that address.

1PPzfK7tNhGa9bzXFQZ8prVy8nmpFmTdhb

bitcoin work has a good value and deserves to be cash instead of electronic what you think ?

A few years ago, a bitcoin could be bought for a few dollars. The quality of a bitcoin itself hasn't changed, but now the price is much higher. A bitcoin has no intrinsic value. For that reason, the high prices now could be a warning sign. In the past, gold has played the role of giving warning signs. Now, it's bitcoin. The high prices of bitcoins probably have something to do with the fact, that people are losing their confidence in the current financial system. Bitcoin is considered more and more as a safe haven. Hopefully it is. I think, it's not.

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Quite true, but it's also important to realize what cryptocurrencies can represent to those who _aren't_ millionaires. Bitcoin and the general crypto environment have enabled thousands of people in developing countries or countries where the currency isn't too stable (hiperinflation, etc), to go into international bussiness, to work with people all around the world in a variety of new, exciting occupations. 

It truly is a revolution. In today's world, decentralization means freedom.

Awesome interview. The point about the banks co-option the technology and locking us in their cashless system is extremely important. Either decentralized cryptos take over, or totalitarian slavery is in store for all of us.

I WANT IN! Im with you! I am not going to let this pass me by! CHRISTMAS IS CANCELED FOR BITCOIN! I WANT CHRISTMAS EVERY DAMN DAY!

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I am sick of this thing