The Bitcoin Thread or, How The Fed Is Going To Fuck You

[TheReal_ND]

I AM THE VOICE OF ACCOUNTABILITY

HOW WILL YOU PROTECT RETIREMENT SAVINGS

FACEBOOK SAYS THEY ARE BAD

DIE DIE DIE

[TheReal_ND]

Set the market order for zero. All 21 million of them. We're going to be retiring in lamboland.

[TheReal_ND]

https://steemit.com/cryptocurrency/@coi ... on-banking

The hearing that saved cyrpto

[TheReal_ND]

Democrats hate money confirmed

[TheReal_ND]

the biggest surprise from the senate hearing wasn’t the General positive response, but rather the endorsement of one very wealthy Senator, Mark Warner.

Mark Warner’s explicitly claimed that cryptocurrency’s rise is very similar to that of how the cellphone grew; which he states he gained most of his personal wealth from. So I checked his wiki:

As founder and managing director of Columbia Capital, a venture capital firm, he helped found or was an early investor in a number of technology companies, including Nextel. He co-founded Capital Cellular Corporation, and built up an estimated net worth of more than $200 million.[5][6] As of 2012, he was the wealthiest U.S. Senator.[7]

This guy had a front row seat at the development of the cellphone and thinks crypto will be as “transformational” as the cellphone and will exceed a marketcap of “20 trillion in 2020”. Those are very bold things to say coming from a very respectable person.

[ssu]

This guy had a front row seat at the development of the cellphone and thinks crypto will be as “transformational” as the cellphone and will exceed a marketcap of “20 trillion in 2020”. Those are very bold things to say coming from a very respectable person.

Nuke, if you haven't noticed, but nobody has questioned the utility or usefulness especially of the tech behind cryptocurrencies like blockchain.

Yet what will that "crypto" be in 2020's and especially who will profit isn't so obvious. Every tech bubble has had truly important tech behind it: first the new fad was cars at the start of the last Century, then we had the famous IT bubble.

Might be then that the future is more like to the name of this thread and people will remember fondly the time when individual hippies and tech geeks were having their own cryptocurrency called "bitcoin"...which younger people have not ever heard of.

[TheReal_ND]

Here. Try cardano. It's listed on nearly all the exchanges.

https://www.reddit.com/r/cardano/

[TheReal_ND]

*BLOCKS YOUR PATH*

Hello I heard you are into crypto will you go out with me?

STACY NOOOOO

[Hastur]

[TheReal_ND]

https://www.cnbc.com/2018/02/08/winklev ... itics.html

Brother Cameron Winklevoss added that millennials would rather have software over hardware in their portfolios, meaning bitcoin over gold.

CNBC asked the twins to clarify if they meant some people are just too old to understand cryptocurrencies.

In comments that some might construe as ageist, Tyler Winklevoss said: "As you get older your brain loses its plasticity at some point and you get wedded to the frameworks that you have.

"You enter this world and you're taught money is this thing that's green, or it's this precious metal, and you start confusing what's familiar or what you use as what's real or the way things have to be.

"It's also a framework that's been embedded in, burned into your brain for let's say 65-70 years and maybe in some of these cases, examples, you're talking about 80 years. It's hard to like unlearn that or think about something new and look, if you're those individuals, the status quo is really good."

Winklevoss said there are many people in the world who have no access to a bank account and that critics are often a "privileged minority."

"If you go to Africa is there J.P. Morgan branches opening up there and banking the unbanked?"

He said that the payments system is "broken" and that cryptocurrencies are a way to fix it.

"The biggest joke is the fastest way to get money from NY to London is to jump on a plane with a bag of cash because if you try and wire something on Friday night it's not getting there until Tuesday," Winklevoss said.

Can't wait for Zuckerberg to get into crypto and fuck them again.