Tim Draper says that Bitcoin will be bigger than skype, tesla, and hotmail, combined.
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Not only that but Tim Draper says that bitcoin could end up being even bigger than the internet in terms of how much this new technology disrupts just about everything we do.
The internet disrupted many things and Tim Draper says that bitcoin and the underlying blockchain technology could go even beyond that. Draper has been a long time tech investor who made a lot of his money during the internet boom of the late 90's. He was an early investor in Hotmail, Skype, and Tesla, as well a host of technology companies, which is why he mentioned those 3 companies above comparing them to bitcoin. There is a great bull and bear debate, and you are left deciding which side made the best argument.
The line that is probably the most memorable from Tim Draper came within the first couple of minutes of the debate where he compared bitcoin to the dotcom bubble. He said, look everyone called the dotcom bubble a bubble, the internet was called a bubble, but look it's still being used today, in fact there are those in the audience using the internet right now. Prices may get ahead of tim draper says bitcoin could be bigger than the internet technology at times, but if it's here to stay, it ultimately will have tons of value.
This is the beginning of a new era and a paradigm shift in banking. Most people 20 years from now will be transaction monetary values using crypto or blockchain. Fiat currencies will continue to lose value. It will ultimately be a good thing. This man has forebearance and vision. He has been right many times, maybe he'll be close. Maybe he'll be wrong and it'll be even more. I understand your view on Tim but bitcoin price is not predictable if you think logically so no one can guess bitcoin price.
Digital currency is the only way to make the world seamless. Blockchain and cryptocurrency is the ultimate future. If so, BTC price will rise that is the normal thing. Did you see his apperance on Tucker Carlson with the Bitcoin tie? D I think he is right. We did see in Finland that the Universal Basic Income failed. Of course it did. Its just more of the same. More taxation of those who work.
And more "theft" or "free" money to those who don't. And right now, the entire system has a scapegoat. Let people create their own money. Let's start a whole new economic system. And then they politicians and central banks can look good and not drive us directly into the abyss.
I think they are going to let people go free very soon. Norwegian state TV just did a very balanced piece on norwegian free town Liberstad the other day. Why did they do that? They dont do stuff like that not thinking it through. They are going to let more and more people opt out. It will lift the pressure on the welfare state. When people with low paying jobs. And speaking of jobs. I think it is a representation of how people have been feeling for a long time now. They are tired of the rich getting richer, often off of their own backs.
Bitcoin and by extension crypto lets people be in control of their own wealth. Where that leads we will soon find out, but I think it is coming. The genie is out of the bottle. The Draper family is well-known to the Bitcoin community. Tim draper says bitcoin could be bigger than the internet Draper is one of the most active investors in the Bitcoin ecosystem.
Bitcoin price can be in a bubble whilst the tech is still useful. I totally agree with him blockchain technology has many rich possibilities. The evidence are all around us with companies finding use for it,it has been used to conduct election,it has created jobs just like steemit. The more the technology gets adopted by the masses and the governnent the more the value increases. Bitcoin happens to be the flagship for the blockchain tech.
Bitcoin and cryptocurrency is growing day after day. Thanks jrcornel for keeping us informed. Given how markets work, successful projects will survive as long as they remain relevant to the economy.
With the vision behind this new generation of techology, we will see rise and falls of many projects in the coming years. Therefore, doing homework on the general market as well as in the individual projects is the best way to identify the opportunities that will result in the big disruptors of the next decade.
Tim Draper is a really optimistic person, and I love his optimism. I just read his bitcion predictions and claims and I must confess it is really fascinating. Bitcoin and cryptocurrency is the big deal presently. You all that are doubting, Just try and recall that many people doubted the Internet too. Thanks for this wonderful post jrcornel. They also doubted TVs, and computers, and the telephone, and the radio I think you get the point?
Honestly I don't follow it much. I have a little silver and a little gold, but bitcoin checks all those boxes for me as far as owning them and then some. I want to agree with him, I'm always skeptical about advice on the cryto markets from well invested cryto investors.
It behooves them to hype the market tim draper says bitcoin could be bigger than the internet as much as possible so it always seems they have their interests ahead of mine yknpw. Keep in mind that they have a lot of money invested in bitcoin and it benefits them tremendously for bitcoin to eventually become a major globally accepted currency.
I really do think steem will be huge as a platform, and consequently will give immense value to the currency. Thanks for sharing update proving crypto currency news. I like it this bitcoin. I appreciate your busy. We don't know how high cryptos will grow. We can only speculate. But we can be sure whole crypto market will be much bigger and stronger in the future.
We have decided to put our money and our faith in a mathematical structure that is free of human or political failures. When regulators come to regulate Bitcoin for your own good, your answer should be Go to the devil! Bitcoin not only comes to radically transform the currency. It will also tim draper says bitcoin could be bigger than the internet the same with corporations, macroeconomics, nation-states and the Internet. The Bitcoin will make the banks what the email did to the postal industry.
The success of Bitcoin is due to creativity and innovation. It has nothing to do with government support. Check the threshold value with comfort! It makes sense in a way.
If you think about the internet now, it is a protocol that provides a platform for something to happen; whether that be commerce, entertainment, content consumption etc. These platforms themselves provide the basic framework for 'value' to be built upon but what really provides utility is the number of tim draper says bitcoin could be bigger than the internet actively using the platform. With this in mind, the users are the ones that underpin the value of the platform, yet they very rarely have any a involvement in decisions for the platform and b financial benefit from being a user.
Other than being a shareholder in one of the companies that derives income from internet users, people are contributing for no economic return.
Cryptocurrency in this sense is a huge incentive as the centralization of not only power but value tim draper says bitcoin could be bigger than the internet given back to the network not a select group of central figures. I think he's correct. The old regime is dying out. The younger generation is getting more tech savvy. As time passes by and teenagers start getting older they'll be using bitcoin and crypto on a regular bases. Technology is the future and crypto is at the head of it.
I don't know about Bitcoin being bigger than the internet, but Blockchain, yes, it will be bigger than the internet because it will reach and touch more people on Earth. Yes, tim draper says bitcoin could be bigger than the internet type of talk tim draper says bitcoin could be bigger than the internet really important because in my opinion some people with an agenda trying to defame the Bitcoin saying as scamming is increasing and it's an bubble and many more speculations, but when we hear great words for Crypto market by giants, that tells the whole story so in my opinion these are initial and tough days but big days yet to come.
Thanks for sharing the video with us and i will definitely going to watch it. Wishing you an great day. Also, if you are looking to get some tokens without investing or mining check out Crowdholding https: They are a co-creation platform were you get rewarded for giving feedback to crypto startups on the platform.
