Bitcoin has far superior: portability, divisibility, speed of final settlement, absolute scarcity, and verifiability. Any financial product that needs these attributes to function will interact with bitcoin on some layer to gain better function. Think of Strike (Jack Maller's company) , he is running basically a Western Union on the bitcoin block chain. Most of his payments are fiat, but bitcoin allows faster speeds, lower costs, and less fraud.
Bitcoin at the end of the day will be baked into everything, and since bitcoin's value comes from it's network effect, each new participant adds exponential value to bitcoin (see Metcafe's Law).
You are not the target customer for this product. This bitcoin ETF product will be created, and certain entities and individuals will purchase it because they see value in it.
Bitcoin has such superior attributes that everything that currently represents value will borrow elements from it to make them perform better. It is inevitable, and arguably beneficial.
You arguing that you don't like it is fine... I believe you.
Nah... bitcoin is the secret sauce... they will put it on/in EVERYTHING!!
You'll buy any technology ETF, bitcoin will be in it. You will open up a line of credit at the bank, bitcoin will be the instant reward mechanism. You will order some mother-fing chicken tenders at BK, and BK will giving you a btc based coupon on your next purchase.
Bitcoin will win, and assume EVERY monetary roll you can imagine in every form of custodial arrangement possible. Bitcoin is gonna be omnipresent in the economy... get ready.
The Romans completely genocided the biblical Hebrews from 68-73 A.D.
There ancestors didn't live in Israel, they lived north of the black sea... Ashkenazi jews are historically from the Khazar empire
I may disagree with the purpose and direction of the CIA, but that day they meet Che in Bolivia they definitely did the right thing
I don't mean to alert you, but that paw looks it has gangrene... gonna have to amputate or he's not gonna make it
Let them fight; the meek shall inherit the earth. So.. Christians should be able to claim the holy land within a generation or so if we can get our shit together (looking at you Unitarians)
A wise philosopher once said: "every new beginning comes from some other beginnings end"
For an exceptional medium of exchange you need long term stability, so you would want to ground that currency in the most stable thing you can find... I would say the human consumption of energy is your best bet.
US financial planners were pretty smart when they engineered the petro-dollar, and I believe bitcoin is on a similar path by becoming intrinsic to electric grid stability. In my view bitcoin should reach price stability when the majority of electric grids are underpinned by bitcoin. Bitcoin will become the electro-dollar.
Jackie Chan Adventures!
They want dollars... badly. As a bitcoiner it is hard to admit that price stability has massive value because it allows economic actors ( businesses, employees, suppliers, ect.) to forecast, plan, and manage risk into the future... without stability of the medium of exchange you can't coordinate an economy for any useful length of time. Dollars as currency will give their economy a huge boost.
It's the market reacting to the possibility that he gets elected... you can clearly see the correlation when new poll numbers drop and the peso's Blue Rate
He already won... killed the peso, and soon it's treasury will default to the IMF
Did Sagan ever figure out that we never went to the moon?



