The Bitcoin Billionaire Author Ben Merzich, thinks that bitcoin has the potential to change the world just as Facebook did, because of its revolutionary aspects. In today’s BTC news, we are reading more about his thoughts on the benchmark cryptocurrency.
BTC is slowly earning its place alongside gold and other fiat currencies with its technology becoming even more groundbreaking as the personal computer or the internet for that matter. The Bitcoin Billionaire author believes that the cryptocurrency will become world-changing as Facebook with far-reaching potential, far more than anyone thought that it would be.
A few other assets or technologies have existed in the past that were as polarizing as BTC with some believing that it will save the world from the ongoing issues like wealth gaps and government greed. Others called it “rat poison” and bash the cryptocurrency every time that they get the opportunity. Some of the naysayers include Warren Buffett, Jamie Dimon, and Peter Schiff while some of the advocates include Twitter CEO Jack Dorsey and the Winklevoss Twins.
Venture capitalists and other central figures to the dot com boom and the growth of the internet, Marc Andreessen said that BTC is the important as the internet or the computer before it and like those technologies, it takes time to show their potential. There was a time when other people bashed the email technology as unnecessary and claimed that nothing will replace daily newspapers but another comparison was made recently by someone close to both examples, who says that the leading cryptocurrency by market cap will be as world-changing as Facebook.
A quote from Bitcoin Billionaire author Ben Merzich says that there was a time when the Winklevoss’ Twins entry into the crypto space was remarkable since they were no strangers to finding every technological breakthrough and were pioneers alongside Mark Zuckerberg before launching Facebook. Mezrich penned the novel based on that experience which was material used in the film The social Experiment. BTC can be considered as a financial experiment and like FB before it, the innovation can be used to change the entire world as we know it.
Facebook changed things but was it for the better or worse, that’s up for a discussion. Bitcoin, however, will have more positive benefits and will improve privacy rather than destroying it.
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