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Lechango
Feb 1, 2016 11:27 AM

The Road to Obsolescence: A Seven Year Cycle in Bitcoin.  Education

BNC1/BLXQUANDL

Description

By 2023 we will be living in a very different world. Cryptographic money may be common, but the layman will not know that he's using it. This money, however, is not Bitcoin. After years of failing to adapt,to its rapidly advancing technological environment, BTC slowly fizzles out into obsolescence.

But the vision of Satoshi is not forgotten. The very meaning of the word "cryptocracy" is being flipped on it's head. The shadow government is loosing its grip on the people, cryptography and blockchain technologies are not only empowering people to take control of their wealth, but also to make their voices heard. True democracy is enabled through the means of provably fair voting systems and smart contracts. Now there is no need for trust, and thus no need for representatives. The people take back the power and are able to govern the world by majority consensus for the first time in history.

Bitcoin will go down in the history books as one of the first stepping stones to the new society. It is a pioneer and we learned a valuable lesson along the way: to once again never trust a single group with the control of the money supply.
Comments
LastBattle
hi sir, its 2019. what happened to your $300 prediction
kjzsbtby
Good thing I mantain my buys...
sumastardon
Wow. Some forecast that turned out to be
traderjoess
Possiblr
adnvstgrp
Don't use drugs before predicting
Lechango
I just noticed on resolutions under 4K the text is very small and impossible to read by the arrows. The leftmost arrow is the Genesis block (1/3/2009), the next arrows are 7 years apart.
BarrioFinito
WoW...Thats strong...#Bitcoin is dead! Long live #Bitcoin ....I hope you are wrong....
Turco
ouch!
ltc-joe
lmao
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