These are just my PERSONAL thoughts.
So, this cryptocurrency has lead to its own adventures. Though the whole idea was to have a single currency throughout the world, and without any government controlling it. And, every single person using it would be contributing along with computers & mathematics will be maintaining the value of this currency…
But, the way I see it people have done the same they did with money. Each one is trying to have a currency of their own. Maybe soon we will end up having the same output as we did with current Rupees, Dollars, Yens, etc.
I feel like, in the pursuit of simplicity, we humans end up complicating things anyways…
What if this whole dream of BitCoin becomes a reality?
It would lead to new level of globalisation. It would be like having the ability to trade all around the world at an amazing simple way. It might even lead to open markets all around the world.
But, each day I lean about the complexity of how differently economics around the world work and how extremely complicated businesses are; All that I end up realising is, that while a few tech enthusiast and believers may think BitCoin is the ultimate thing. But it would actually end up being just another remarkable technology in digital era.
Satoshi Nakamoto stays anonymous…
Why? It is a “ground breaking” technology. There has to be some reason to why the original writer of the BitCoin technology backend system chooses to remain anonymous. Maybe because even he/she somewhere knows that this tech, just like money, has advantages and disadvantages. And taking responsibility might be just a big thing.
I do believe BitCoin will definitely lead to a revolution in creating decentralised systems that disrupt the way we think about any type of systems. But, how and what will it bring? is just going to be pleasant surprise.
So, I’m gonna just wait and watch! its gonna be exciting!
P.S.: I do own BitCoin.