DONNA HEAVEY

DONNA HEAVEY

All I keep hearing about is that Crypto will never go back up, that its a scam used by drug dealers and scammers. What?

BAM

Bitcoin is not a scam and there are many legitimate uses for it. It is true that it has been used in the past for some illicit activities, but that is no different than any other form of currency. As with any investment, there are always risks involved, but there are also potential rewards. It is impossible to predict the future price of Bitcoin, but many experts believe that it will eventually go back up in value. The key is to do your research and make sure you understand the risks before investing.

DONNA HEAVEY

Ok then how come so many people just don’t care about Bitcoin or think its irrelevant?

BAM

There are a variety of reasons why some people don‘t care about Bitcoin or think it‘s irrelevant. The main reason is that they simply don‘t understand it or the technology behind it. They may be unfamiliar with the concept of digital currency or technology in general. They may also be unaware of the potential benefits of using Bitcoin and how it could potentially revolutionize the global financial system. Additionally, some people may be put off by the volatility of the price or the risk associated with investing in Bitcoin, which may cause them to be more likely to ignore it.

DONNA HEAVEY

Well that’s a pretty bold claim. How can Bitcoin revolutionize the global financial system? Why does anyone think it needs it?

BAM

Bitcoin can revolutionize the global financial system by providing a secure, decentralized, and trustless payment system. It can provide a store of value that is not subject to the whims of governments and financial institutions. It can also provide an alternative to traditional payment systems, enabling peertopeer transactions with minimal fees and minimal friction. This can provide individuals and businesses with greater access to financial services and create a more level playing field between those with access to traditional banking services and those without. Ultimately, it can lead to a more efficient, transparent, and secure global financial system. People think the global financial system needs to be revolutionized because it is inherently flawed. Centralized entities control the majority of the global economy, and these centralized entities can be prone to corruption and manipulation. They are also at risk from hacking and other cyberattacks, which can lead to massive losses. Bitcoin, on the other hand, is a decentralized system that is resistant to manipulation and is far more secure than traditional banking systems. By providing a more secure and efficient alternative to traditional financial systems, Bitcoin can revolutionize the global financial system.

Leave A Comment