10 years ago
1
Bitcoin’s Image Problem
I know manias. I’ve seen them again and again – hordes of people find out about a product or idea, back it with all their might, and are angry when anyone refuses to genuflect to their sacred cow. It happened to Notion Ink, it happens to Apple, it happens to Blackberry, and it happened in the vaccine autism scare, in the truthers, and in countless other subcultures who manifest their undying love with endless devotion and unremitting anger.
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Just because it isn't successful at first doesn't mean that there is no room for growth. Ever since it was first created in 2009, bitcoin has expanded tremendously with each passing year. Bitcoin is still in its early stages and is simply waiting for the world to be ready to adopt it. I would give it a few more years before we really see this form of currency become universal.