Quote from: TPTB_need_war on February 18, 2016, 10:42:17 AM

Quote from: hdbuck on February 18, 2016, 10:37:23 AM

Quote from: marcus_of_augustus on February 17, 2016, 10:52:24 PM

Quote

"world currency" is an insanely high bar. why not address the question of whether cryptocurrencies will find a niche and how big that niche could be? obviously bitcoin is not going to be made the sole "world currency." it's a dumb question to begin with. people are buying bitcoin with the idea that it is playing some role in the global economy and will play a larger role in the coming years. larger than 6 or 10 billion dollars worth. there's a lot of space in between 10 billion and the world's total money supply. if there's a 100-bagger, i won't give a flying fuck about the fact that bitcoin didn't become the world currency.

.... finally some sensible commentary. Global M2 is in the $80 trillion range (hard to get good figures). Bitcoin total float value could go up 133 times and still only fill a 1% niche.

and we then would be the lucky one percenters.. Grin

Typical foolish delusion...

Quote from: TPTB_need_war on February 18, 2016, 10:37:07 AM

Quote from: Denker on February 18, 2016, 10:33:43 AM

Go with both.
However if you wanna be very flexible and quick in leaving when shit hits the fan(economy down, bail ins, dictatorship,gold gets mostly banned, cash only exist in small bills,) Bitcoin will have some advantages compared to gold.
Let's say you want to migrate to another country in oversea somewhere, hiding gold in your luggage would be a bad option if you own a bit more of it.The same goes for cash.So Bitcoin would be the right choice here.

Won't help you as they will ban Bitcoin to fiat transactions. And maybe even ban Bitcoin transactions that don't include a KYC id. The Chinese miners already control 65% of Bitcoin's mining. China can dictate the protocol.

I explained in my video why you can't fork away from that. Impossible.

The end is near. You fools are trapped.

There is no solution.

Weep.

Meh, sorry, but banning or not, chinese miners or not, bitcoin will stay, and nobody nor nothing will ever control it but greed.

Even more, i do hope govs around the world will outlaw bitcoin so that it will not be parasited by the mainstream shitful usecases, spamming and politics...

The only delusional folks are the banksters and the sheeples.