What's new right?

Someone else voicing their opinions on bitcoin.

Anyways, a VC fund manager says that bitcoin is going to zero because it will eventually be replaced by new and better technology.

That sounds very logical at first...

(Source: https://www.forbes.com/sites/forbesfinancecouncil/2018/12/07/is-bitcoin-going-to-zero/#28057e427a47)

However, I would argue that bitcoin already has seen newer and better tech pop up over the past 10 years, but guess what?!

Bitcoin is still the king.

It has grown up in this sort of swamp and still manages to be the king.

I think that anyone expecting bitcoin to be widely used as a form of payment are going to be let down sure...

But I think it makes a lot of sense as a store of value.

And I think the tech is already pretty good to support that use for many years to come.

His examples of facebook coin and jpm coin eventually replacing bitcoin are highly unlikely.

It's like comparing the USD to gold, both can exist!