What will be the impact of Bitcoin ETFs?
Originally answered on Quora. Question as asked on Quora: “What will be the impact of Bitcoin ETF’s on the economy?” I don’t know that Bitcoin ETFs alone will have a huge impact on the economy, at least near term. However, I see the near-term advent of Bitcoin ETFs as a positive sign that Bitcoin isContinue reading
How Far Down Will The Price Of Ethereum Drop? Will It Go To Zero?
Originally posted on Quora Question: How Far Down Will The Price Of Ethereum Drop? Will It Go To Zero? My Answer: Very probably not. ETH is simply the token of Ethereum, which provides the infrastructure backbone for the current blockchain ecosystem. For instance, the vast majority of blockchain projects run on the Ethereum network, and useContinue reading
Is cryptocurrency only for the economically well-to-do?
Original Question: Is cryptocurrency only for the economically well-to-do? Originally published on Quora Answer: Actually, cryptocurrency is primarily for the less well-to-do, in terms of the benefits it offers over the long term. The only aspect of cryptocurrency that is primarily for the economically well-to-do are the secondary investment markets, ranging from globally-popular exchange trading,Continue reading
What is the relevance of Bitcoin to the world?
Original Question: “What is the relevance of Bitcoin to the world?” “The most important thing that Bitcoin offers is a new form of sound money outside the control of any authority or government in the world. This is something that is very very important for the world economy and I think it is going toContinue reading