{"id":7442,"date":"2014-03-16T20:11:44","date_gmt":"2014-03-16T19:11:44","guid":{"rendered":"https:\/\/english.martinvarsavsky.net\/?p=7442"},"modified":"2014-03-18T14:22:05","modified_gmt":"2014-03-18T13:22:05","slug":"flip-a-bitcoin","status":"publish","type":"post","link":"https:\/\/english.martinvarsavsky.net\/?p=7442","title":{"rendered":"Flip a Bitcoin"},"content":{"rendered":"<p><a href=\"https:\/\/english.martinvarsavsky.net\/files\/2014\/03\/bitcoin2.jpg\"><img loading=\"lazy\" class=\"alignleft  wp-image-7447\" alt=\"bitcoin2\" src=\"https:\/\/english.martinvarsavsky.net\/files\/2014\/03\/bitcoin2-500x333.jpg\" width=\"300\" height=\"200\" srcset=\"https:\/\/english.martinvarsavsky.net\/files\/2014\/03\/bitcoin2-500x333.jpg 500w, https:\/\/english.martinvarsavsky.net\/files\/2014\/03\/bitcoin2-300x200.jpg 300w, https:\/\/english.martinvarsavsky.net\/files\/2014\/03\/bitcoin2-898x600.jpg 898w, https:\/\/english.martinvarsavsky.net\/files\/2014\/03\/bitcoin2.jpg 1024w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a>To me Bitcoin is a coin that if you flip it in 2020 you will have heads worth $100K, or tails worth $0. If it&#8217;s heads, Bitcoin by then has become a serious competitor to gold and an exchange currency. If it&#8217;s worth 0, it will be either because people lost interest in the digital currency or because a better digital currency was found more suitable. The first case would be akin to what happened to buying land in Second Life, once thought a sure way to make money. The second like investing in MySpace instead of Facebook.<\/p>\n<p>&nbsp;<\/p>\n<p><em>(Photo:\u00a0\u00a0<a href=\"http:\/\/www.flickr.com\/photos\/105644709@N08\/\">antanacoins<\/a>\/Flickr)<\/em><\/p>\n<div id=\"mainphotoarea\"><\/div><div class=\"theme-buttons\"><div class=\"fb-like\" data-href=\"https:\/\/english.martinvarsavsky.net\/?p=7442\" data-send=\"false\" data-layout=\"box_count\" data-width=\"71\" data-show-faces=\"false\" data-font=\"arial\" data-locale=\"en_US\"><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>To me Bitcoin is a coin that if you flip it in 2020 you will have heads worth $100K, or tails worth $0. If it&#8217;s heads, Bitcoin by then has become a serious competitor to gold and an exchange currency. If it&#8217;s worth 0, it will be either because people lost interest in the digital [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/english.martinvarsavsky.net\/index.php?rest_route=\/wp\/v2\/posts\/7442"}],"collection":[{"href":"https:\/\/english.martinvarsavsky.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.martinvarsavsky.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.martinvarsavsky.net\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/english.martinvarsavsky.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7442"}],"version-history":[{"count":3,"href":"https:\/\/english.martinvarsavsky.net\/index.php?rest_route=\/wp\/v2\/posts\/7442\/revisions"}],"predecessor-version":[{"id":7450,"href":"https:\/\/english.martinvarsavsky.net\/index.php?rest_route=\/wp\/v2\/posts\/7442\/revisions\/7450"}],"wp:attachment":[{"href":"https:\/\/english.martinvarsavsky.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.martinvarsavsky.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.martinvarsavsky.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}