... it's why I preach that good tech should remain closed sourceand I tend to get some hassle about it. What company out there gives away it's trade secrets and intellectual property for anybody to use?
tesla.
That's very nice of them. I still maintain that closed source is good for the investors in the coin and the developers, assuming some programmer doesn't backwards engineer their tech or make their own version, which is very possible. It's not a huge issue for me, I'll still invest in open source coins because I know other people will. It's the game of musical chairs. Like stocks, I'll buy what I think is going to go up and sell what I think will go down based on perceived "over or under valued" ... right now all of crypto is in a bubble, but it's going to hit at least $120B before it pops, at least the charts say so.
TSLA stock is wildly overvalued, for what it's worth (in my opinion... clearly other people disagree)
This is pretty funny...an economist? more like a fluffonomist... this is the new exit economy! an available exit/alternative to all...the banks are scared...this is more real than the fiat system..and secure. god speed to all and best of luck..welcome to the new reality..hope you don't get left behind.
They are not scared.. if anything they'll use the tech to increase their own scalability. The general public is not going to abandon their fiat currency.. it's simply not going to happen. If anything, the billionaire rhinos that run the world would find bitcoin useful, which is why I don't think it's going anywhere, just like the war on drugs.
Coinbase and Fidelity are teaming up, and this is just the beginning. It will be a friendly alliance, much to the dismay of a lot of the anarchist types here who trust nothing that is "centralized."