Y'all mean adoption as in being used like the USD?
1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:
- Thread starter JordanWearinThe45
- Start date
the bossman
Superstar
Explain how they would get tired of BTC please
People have been asking these questions for years now, that is about the most I can say in regards to your questions. I'm interested to see what happens when BTC market share goes <40%
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as a minimum those multi layer solutions will work right? and those layers make it possible to replace layer-0 transparently.
if in our lifetimes those layers are not going to work than .. there is only so long that the masses will believe that they will
and if not then crypto will have lost the electro currency battle.
by the end of our lifetimes cash will be rare anyway. if crypto isn't viable by then they are going start sounding like JW's with the "just around the corner" never-never promises while the world has moved on.
When something different and better comes along. Like look at the yahoo and google analogy. Look at the car industry. Ford was the original and creator but it's not the current best selling brand. Nothing is guaranteed. Technology always evolving and who knows when something different may come around that the people have more interest in. Not saying it may happen soon but the possibility of it happening are there.
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what does he know about technology to make that statement?
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IDK find a way to buy something like real estate with crypto???either way unce sam gonna be on our ass....
go live in a country without capital gains taxes for 1 year... if you are not american.
if you are american
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like being used like visa, paypal, amex, m-pesa etc
Some kat online was talking about getting a loan for your coin then taking the loan and coverting it to usd and with drawing it. But letting the exchange take the coin you put up for the loan.
Due to it being a loan it doesn't count as taking profit. Now I am not sure how this works or if this is true.
I think the masses will generally be ok with this being a secondary market to the stock exchange without a real use case coming out of it.
Something different and better has come along. There are plenty of coins that exist with good tech behind it. Doesn't matter at the end of the day. The market moves as BTC moves until we are shown otherwise.
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He said it regarding both and he's right.
Doesn't mean BTC is going anywhere
it does mean that history has shown us something better is likely to come along eventually
history also shows that when the better thing becomes available the market moves.
the problem is that BTC-posse speaks with forked tongues.
if they are honest that a core function of BTC (as it stands) is speculation then then can explain how a new better technical product won't have that.
but if they stick to their claims of wanting an independent currency (without wild appreciation) then that means they leave themselves over to technical replacement.
those forked tongues will manifest itself even without the same sentence.
it's like some sort of 1984 newspeak where people just ignore the blatant contradictions. like they didn't happen.
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n-layers with cross-chains and BTC at some layer-0 means that the masses won't know, won't care and won't even notice when transacting.
like you don't know the brand of the telecom cables transmitting the messages when you make a phone call.
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what do you know about "coin tech"?
a better replacement is one that solves (has solved already) problems that are inherent in BTC.
a better replacement is not based on vapourware and as yet unfulfilled promises.