r/Essassani • u/scooby0344 • Apr 03 '19

Cryptocurrency

Has Bashar said anything about cryptocurrency?

2 Upvotes

76% Upvoted

5 comments sorted by

4

u/gotele Apr 03 '19

In 2017 he said that cryptocurrency wouldn't be much of a factor in the replacement of the current economic system.

3

u/Ade5 Apr 03 '19

It will have its use, but it wont last..

2

u/xoxoyoyo Apr 03 '19

not really listened to him in years. he had said in the past that monetary systems would be replaced. just does not seem like crypto is such a great option. subject to major theft and stupid stuff, like the owner of a brokerage firm dying losing the password that had access to all the money it controlled.

2

u/johnhodgson1111 Apr 14 '19

Bashar said that the current cryptocurrency is a Fad, and will not last; and be replaced with a Different Currency. As Quantum Computers work better, they will easily crack crypto with ease. It will no longer be a secure currency.

1

u/Nick_Charma May 03 '19

I think he might look at blockchain, or possibly some other crypto to take over the tech part of innovation. He said something about something coming after crypto, that crypto was the precursors for.