Bitcoin vs Microsoft

[Lens]

Bitcoin's popularity has spread to include well-known celebrities, financial investors, institutional investors, and countries. Kevin O'Leary, a celebrity investor, sent out a recent tweat drew the attention of Twitter users. He said on Twitter that bitcoin should be compared to Microsoft and that it should not be treated like any other coin.


This is a major comparison for me, and I can't see the connection. Having said that, celebrities, institutions, and crypto whales are all hyping bitcoin right now. Bitcoin has the potential to hit $150k this year, which would be a positive outcome if the good news keeps coming. Bitcoin is one of the most valuable digital assets in history, and many people are jumping at the possibility to profit from it.

 

[Monster Masterpiece]

They are complementary means microsoft could accept being paid by bitcoin if they decide such a decision for license renewals or something similar.

 

[GoldenLady]

How does he mean Bitcoin is like Microsoft? Is it the technology or innovation, or the stage of development before people really realise how valuable it will become?

 

[Lens]

How does he mean Bitcoin is like Microsoft? Is it the technology or innovation, or the stage of development before people really realise how valuable it will become?

I think it is the level of development because with the rate at which the bitcoin grows , there are still sceptics that believed it will crash.

 

[Flower]

Microsoft has become a household name and that is also what bitcoin is becoming gradually. This is why he mentioned that bitcoin could be compared to Microsoft.

 

[Efelexy]

Microsoft has become a household name and that is also what bitcoin is becoming gradually. This is why he mentioned that bitcoin could be compared to Microsoft.

This make a whole lot of sense because that way, bitcoin will benefit more and grow even bigger than it is currently.

 

[Nomad]

Bitcoin is of course a great concept. It redefines money as we know it. However, it does not create any value, it does not improve people's lives (as touted by most people), and only the people with a lot of money to make an investment will benefit.

 

[Flower]

Bitcoin is of course a great concept. It redefines money as we know it. However, it does not create any value, it does not improve people's lives (as touted by most people), and only the people with a lot of money to make an investment will benefit.

This is why bitcoin are being used as a legal money in some of the countries because they believe in the potentials of bitcoin.

 

[Nomad]

This is why bitcoin are being used as a legal money in some of the countries because they believe in the potentials of bitcoin.

Using Bitcoin as real money will not help common people, in fact, it is disastrous. People who had 1 BTC in November 2021 would have $68K in their wallet and now that asset is just $17K. How can common people deal with inflation like this?

 

[Flower]

Using Bitcoin as real money will not help common people, in fact, it is disastrous. People who had 1 BTC in November 2021 would have $68K in their wallet and now that asset is just $17K. How can common people deal with inflation like this?

Any country who wants to adopt bitcoin as legal money should think twice because the volatility of this coin is very huge and it could be influenced by the big names in the financial industry.

 

[Lens]

Any country who wants to adopt bitcoin as legal money should think twice because the volatility of this coin is very huge and it could be influenced by the big names in the financial industry.

The vaporousness of Bitcoin is extraordinary and that is why it is not suitable as a legal money and I believe that the countries planning to use it as a legal tender should have rethink.

 

[Flower]

The vaporousness of Bitcoin is extraordinary and that is why it is not suitable as a legal money and I believe that the countries planning to use it as a legal tender should have rethink.

I'm so surprised that very big countries that ought to understand better have also fallen victim of the circumstance. Using a volatile cryptocurrency as a legal tender is a grave mistake.

 

[Riberet19]

The vaporousness of Bitcoin is extraordinary and that is why it is not suitable as a legal money and I believe that the countries planning to use it as a legal tender should have rethink.

Well, in the event that the market continues to develop, the more activity and more investors the currency will gradually become more stable, but you're right, I still don't think it's time to use it as legal tender

 

[Bisolami]

Microsoft has become a household name and that is also what bitcoin is becoming gradually. This is why he mentioned that bitcoin could be compared to Microsoft.

Well, I think we cannot compare Bitcoin to Microsoft because one of them is only a digital currency.