The Future with Bitcoin
Monday, August 23, 2021 | 460 Views |
A future with Bitcoin
However, the personal decision to invest or trade in bitcoin comes down to one's appetite for risk and perspective on the future of the interconnected human race. While sceptics anticipate a collapse of bitcoin at some point, true crypto believers see bitcoin as the currency of the future.
Again, bitcoin believers anticipate that the value of bitcoin can rise much and much higher, to a million dollars and even more. Though this is possible, it is also arguably true that the value of bitcoin could suddenly crash, even to zero. Both possibilities rely entirely on the value that enthusiasts of bitcoin attach to it. Hypes about bitcoin can go very far, thus attracting more believers who, by extension, give the currency more value.
That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...