Quote:
Originally Posted by AdultKing
I've said this several times but it bears repeating.
1 bitcoin will only ever be worth 1 bitcoin.
Anyone can start a cryptocurrency and many people have, however it's usefulness will only be proven once it is simple for Joe Average to use it and most people on the planet have no idea what it is and have never heard of it, much less how to use it.
Ask 10 randoms on the street if they know what Bitcoin is, I bet you'll average one in ten.
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I think I have mentioned this before but bitcoin is a bit like the early internet. In 1998 no one knew html or had heard of google or facebook.
Things take time. Give bitcoin long enough and wait for people to develop new technologies. The future is bright.