To many people, it is still a mystery as to why Bitcoin would make any sense to them in this world. Although there are many use cases for this alternative form of finance, there are also a lot of misconceptions. Bobby Lee recently held a presentation at Stanford University to clarify a few things.
Bitcoin Matters To Bobby Lee
It is rather positive to see Bitcoin industry experts take their time and educate the ‘masses” on why Bitcoin makes sense to so many of us. Granted, there is a portion of people who only see Bitcoin as an investment vehicle, whereas others see it as a complete alternative form of finance. Both answers are correct, but they are not the main reasons why Bitcoin makes sense.
Bobby Lee’s recent presentation on Bitcoin at Stanford University goes to show there is still a fair amount of education to be done on the topic of cryptocurrency. Unlike what most people think, a number of Chinese traders and investors in Bitcoin is not a direct result of people seeing cryptocurrency as a capital flight option. While it certainly true there are very strict controls on incoming and outgoing funds in the country, this is not the