Julian Assange: Bitcoin Balances Incentives
on Thursday, April 30, 2015Julian Assange Money Quotation saying cryptocurrency has the necessary incentives to become widely acceptable and see adoption popularity. Julian Assange said:
“Bitcoin actually has the balance and incentives right and that is why it is starting to take off” — Julian Assange
Bitcoin has the right balance and incentives to become widely accepted because of how it is designed. Bitcoin’s blockchain and decentralized nature mean that no single entity controls it.
Also, its rules around mining and limiting the total supply mean that it aims to balance making the currency useful and valuable over time. Assange likely felt these qualities make Bitcoin more resistant to political interference and inflation, giving it qualities needed to be adopted by many people and businesses as a means of payment and store of value.
By: Martin Sutovec, Slovakia
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