Please tell me if I’m wrong in the comments. We’re all still learning in some way.
So there is a person or persons who created Bitcoin called Satoshi Nakamoto.
If that is true, that person is now one of the richest people in the world. Technically that person would also have a million Bitcoin Cash and Bitcoin Gold and so on. Not to mention all the Stellar Lumen airdrops and things like that.
I am positive that would have a tremendous impact on the markets.
There is just so much we don’t know about all of this and it is so new that it is insanely exciting. I can’t stop wondering and thinking about how things will grow into the future. My thoughts are not based on profits I could make, but how the technology can be applied in the future and adopted by the public.
The first crypto that can make it easy for people to use and secure will win. The one that people will alter their life for. Think of the credit card. When they were first used they were slow and people didn’t use them as often. Then when the Internet came along and people just had to swipe it, things changed.
Now just about every working adult has a credit or debit card in their wallet or purse.We are a long way from that kind of adoption and we are working our way there, but it does bother me that someone or some group could just send the markets in a tail spin with a few sell orders.
Am I paranoid or do you think something like this could happen?
Even if it did happen, do you think the markets still survive?
Thanks for reading.