• Please note to have a link in an article you must first request permission from the administrator and pay a fee. You can read more information here.

What makes you trust cryptocurrency ?

  • Thread starter Thread starter deucher
  • Start date Start date

deucher

Guest
Cryptocurrency has existed for many years, especially Bitcoin, which is the first cryptocurrency, and during this time many people have argued that cryptocurrency is a bubble that will burst soon, but nothing has happened during this time. Why do you believe in cryptocurrency and how long do you think it will continue?
 
Not much if I'm being honest. To me cryptocurrency is far too volatile for me to truly trust it. I've lost money from it already and all I've ever seen was people abuse it or scam by making their own cryptocurrency only to run away with the money. It's hard to trust people who are part of it, especially if it's someone who is in charge or a major player in the game.
 
When money is involved, there is no such thing as 100 percent trustworthy. One bad decision from the government can push Bitcoin and all other crypto currencies to become worthless. However, I also believe crypto is basically a technology and technology always have an advantage.
 
It's not that I trust cryptocurrencies par excellence, but that I don't trust fiat currency, I know that as long as fiat currency continues to be devalued, especially the dollar, the euro and the pound, bitcoin will continue to appreciate, there is nothing more than that.
 
Back
Top