Economists are up in arms, claiming that bitcoin's 1000% annual growth
is faster than anything they've ever seen. Because of that, they lash
out, calling bitcoin volatile, a bubble, a pyramid scheme, etc. But
don't worry, we put on our VC glasses, compare the 4.5-year-old bitcoin
to facebook, twitter, google at the same periods in their growth. The
result is that Bitcoin's growth is as exponential, as volatile and as
normal as any enormous tech giant. And just for fun we threw in a little
bit about feral rats reproducing on a desert island.
This is the
2nd episode debunking bitcoin myths series. Overall, Bitcoin 101
blackboard is a beginner's course in bitcoin. We hope you enjoy. Please
like and subscribe or drop some comments, suggestions or critiques. And
remember the official WBN launch is coming up : January 1st, 2014.
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