The catalyst for change could come out of places like Iran where crippling sanctions have made their currency collapse in value. If enough "legitimate" users in Iran start to use the system, then the Bitcoin genie could forever be out of the bottle, threatening not only just bank profits, but also the monetary authority of sovereign nations.

In disclosure, I bought some BTC last week, basically because I think it is likely that this genie might be coming out of the bottle.

verables:

That's why I hold on to the few I have, it'll either fall apart from some flaw (which as time goes on looks less likely) or will become a pretty useful system where BTC are pretty valuable.


posted 4142 days ago