Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
electerium
on 21/06/2015, 05:33:38 UTC
by 2024, over 94% of all bitcoins will be completely mined.


the supply curve is too sharp for us to legitimately argue that by 2024, whereby we reach paypal level of TXs that 30,000 tx/s will be reachable solely by people exchanging value. We will undoubtedly need some existing legacy rail (e.g. Banking & financial institution & stock/equities) to be entirely placed on the blockchain to justify this harsh supply curve. In other words, relatively speaking, today's bitcoin's fundamentals lags far (1 order of magnitude) behind where we actually stand in today's supply curve.


This to me is very very concerning because it will pigeon hole bitcoin's pathways to massive value.

Why do you think Nasdaq and NYSE are poking around the tech right now?  Today's  announcement is great news for them.

Welcome to Bitcoin!

hello cypher,

excuse my ignorance, but can you link me to the news? I cant find anything new from nyse/nasdaq.

I know that they are using colored coins on the bitcoin network to track pre-IPO stock transfers as a pilot program, but i havent heard anything new since.