How I Found Out about Bitcoin and Crypto
I first discovered crypto in about 2013. I was following a podcaster who understood the potential of the technology and got me on the bandwagon. Bitcoin was hovering around USD $250 at the time, and I also bought around the same amount to get started. At that point in time, I was in college working a minimum wage job and I had been struggling financially. I eventually withdrew the money, having decided that I needed it for something. It’s a vague memory. I recall going into an account, taking all my money out, converting it back to into USD, and then closing it. The details are fuzzy. I have no recollection of what exchange I had signed up on or any consequential details. That was my first foray into crypto. I promptly forgot about it until mid-last year, when it popped up onto my radar again.
Cryptocurrencies and Bitcoin have been on a steadily rising, yet tumultuous journey since then. I wanted to share my current thoughts and concerns about the space. I explain in the following videos:
Why Crypto Will Fail? Ultimately, the pitfalls of the crypto sphere will even out over time. The desire to make profit with or without a genuine desire to understand and learn, will create products that are useful and stand the test of time. One way or another the customers will be served.
Related post: The Truth About Altcoins
What Other People Think About Crypto
Here are the thoughts of others in the space on why they think crypto will fail, why they think cryptocurrency is good, why they think cryptocurrency is bad, how they got into the crypto space, etc.
“How come this piece of data is worth $200?”