Will Bitcoin Outlast Its Critics Like The Elden Ring?
The entire video game industry has been upended this year by the massive success of an open-world role-playing game called Elden Ring. The game, developed by FromSoftware and published by Bandai Namco, has taken the world by storm, selling over 10 million copies in its first month and becoming one of the best-selling games of all time.
However, Elden Ring is not without its critics. Some have complained about the game’s difficulty, while others have criticized its open-world design. Nevertheless, the game has been a huge success, and its popularity shows no signs of waning.
Similarly, Bitcoin has also had its share of critics. Since its inception in 2009, the cryptocurrency has been criticized by many for its volatile price, lack of regulation, and potential for use in illegal activity. However, Bitcoin has also proven to be incredibly popular, with its price reaching an all-time high in 2021.
Elden Ring game is not just a resounding success, but also a huge creative deviation from the game-industry norms. It’s the seventh game in a string of titles by developer From Software. Like Elden Ring, Bitcoin’s popularity shows no signs of waning, despite the criticisms it faces. Many believe that Bitcoin will only continue to grow in popularity and that it will eventually outlast its critics.
There are several reasons for this. First, Bitcoin is a decentralized currency, which means that it is not subject to the whims of central banks or governments. This makes it incredibly resilient to economic downturns and political turmoil. Second, Bitcoin is scarce; there will only ever be 21 million bitcoins in existence. This scarcity gives it value and makes it incredibly valuable.
Bitcoin has weathered many storms in its short life, and it has emerged stronger each time. It is this resilience that has led many to believe that Bitcoin will outlast its critics and become the dominant currency of the future. Only time will tell if this is true, but for now, Bitcoin seems poised to take over the world.