There are two categories of people in the world: the "Bitcoiners" and the "no-coiners". The latter can not catch the interest of Bitcoin, because to truly understand its subtleties, it must be owned and used, but the best is yet to undermine it.
Me, I minais with a laptop lambda, so I used the software Nicehash, who told me that I could earn $ 1.50 a day in Bitcoin. Although I do not like sharing my private information, I was not even asked to register somewhere, to give proof of my identity, my email address or my phone number. They just wanted my hash address.
It was at this moment that I went from skeptical to converted. My computer finally allowed me to earn money by doing nothing, just as spam had promised me for 25 years. The moment I was going to be paid just to exist and own a computer had finally arrived. The dynamics of money and the economy in general had reversed, and the money would finally come to me, instead of running away from me as it was before. It was the revelation of the "Bitcoiner".
But very quickly, five questions come to the mind of the "no-coiners", and here they are, with their answers.
- Bitcoin is not based on anything, how can it be valuable?
National currencies are not based on anything except a promise. This is why currencies such as the dollar, the pound, the lira, the peseta and the reichmark have lost at least one of their value over the last century at one time or another. These currencies are based on trust, which is generally high for fiduciary currencies and among cryptocurrency users. Crypto has strengths and weaknesses in terms of trust, but in the end, Bitcoin has proven to be as good, and in some cases better than fiduciary, in terms of transaction. Currency is therefore supported by its ease of transaction.
- Are cryptocurrencies not just for criminals and terrorists?
It will take a long time before cryptocurrencies are traded in equal amounts with the liquid. 90% of dollar bills have traces of cocaine, so the fact that some criminals use cryptocurrency for their business is not a good argument against it. Most crypto-currencies, certainly all, benefit from better traceability than cash trading and many honest people will say that this is not a good point for Bitcoin. So, behind the hype of Bitcoin, this phenomenon is not more important than that of music hackers, who use the internet to carry out their small traffic. That's how new technologies work, early adopters are opportunists and not all have good intentions.
- Is not Bitcoin a bubble?
Yes, it is and it will remain so. Dot com companies have created a bubble that has exploded, and the ones that remain are leading the world now. Bubbles have a bad reputation because they leave a lot of people on the straw, but they also leave big companies in their wake. The Netherlands currently produces $ 2 billion of tulips a year, so even the mother of all the financial bubbles has left behind a sector that still functions 300 years after its creation.
- Bitcoin is a Ponzi scheme.
It's wrong. A Ponzi scheme is a financial trick, in which one promises a return on investment, even low, as it was the case for the Madoff fund. These returns are settled using the money of the new investors, and not with the help of the money invested. Bitcoin is hardly a currency that can be bought, owned or exchanged. It has no return possible, except a potential capital gain depending on its demand or its use as a stock of value.
- Bitcoin is just a trend.
Bitcoin is just one of the many applications of the revolutionary new technology, the blockchain. The latter is a register with three entries. To run a business, it is necessary to have a registry, and everyone agrees with that for a few thousand years. The creation of the double part has revolutionized the world of accounting since the explosion of the medieval economy. The triple part is therefore the logical consequence of things for businesses and the economy. It takes into account accounting, resource allocation and value on a higher plane.
The old world = stone tablets and accounting with simple part
The modern world = accounting with the double part
The future = accounting with the triple part.
The blockchain is therefore a big step forward for the economy, and it is Bitcoin that feeds it.
Bitcoin and Blockchain technology therefore represent the future of money, and the triple game, the future of accounting.
