Bitcoin Value Drops to $0

zio

Member
Jul 29, 2018
33
22
View attachment 872070

So you thought Bitcoin is the best investment because it is alleged nobody controls it. Well it almost became worthless recently due to a bug that has now been patched. Who knows what will happen next time there is such a bug.

“Developers of Bitcoin Core – the software used to power the Bitcoin blockchain – released a note announcing that they'd patched a vulnerability that would have allowed a user to interfere with network and crash it, making the digital coins practically useless…”

Bitcoin Plunges Below $10,000 as Major Crypto Exchange to Share User Details with US Tax Authorities - Kenya iForum
 
My own point of view is that people focus much on cyptocurrecies and the profit to be rewarded right now when comparing to cetralized currecies than the technology behind it (blockchain). The technology is here to stay, if you dig deeper into its understanding and see the technology for what it is and what it's bringing to humanity.then you will understand that not only banking system will be affected.
Of cause many Many projects will fail.but the technology behind it is already a success. there is a new discussion platform we creating on "why 90% of
blockchain and cryptocurrency startup ideal failure in their first one year.
you can join an subscribe to our discussion channel on youtube
 
  • Thanks
Reactions: zio
My own point of view is that people focus much on cyptocurrecies and the profit to be rewarded right now when comparing to cetralized currecies than the technology behind it (blockchain). The technology is here to stay, if you dig deeper into its understanding and see the technology for what it is and what it's bringing to humanity.then you will understand that not only banking system will be affected.
Of cause many Many projects will fail.but the technology behind it is already a success. there is a new discussion platform we creating on "why 90% of
blockchain and cryptocurrency startup ideal failure in their first one year.
you can join an subscribe to our discussion channel on youtube

You are very right. Bitcoin is just 1 among many entities using blockchain tech, in same way Subaru is just 1 type of vehicle. Blockchain is of course used in many areas besides cryptocurrencies. In fact, I have an account in a blockchain-based social platform.

Blockchain & AI are areas we Africans should endeavour not to be left behind. Juzi nilisoma vile machine imeundwa ambayo inatumia AI kufyeka ngano! Unaiweka ‘on’ hapo kando mwa shamba lako, alafu unaenda shughuli zako. Ukirudi unakuta imemaliza kazi, na ngano ikaweka ndani ya magunia.
 
Back
Top Bottom