Zynga is a dog. Their announcement, Its just a means for them to hook into the bit coin fever.
That said, it is good news, although bit coin activity from Zynga will not
matter in the long run. They realize there is little risk in relation to the possible marketing
benefit associated with associating their stupid games with the
present fashionable chatter about Bitcoin.
Gaming is not the future of Bitcoin. The future of bit coin should be the buying
and selling of dozens of tankers full of oil or automobiles per year or dozens of Boeing 777's.
But that's not here yet. In fact, there is really no reason to bother with Bitcoin in
multi-billion dollar transaction tranche. So there, Bitcoin is already a niche, a curio in
the shop. Perhaps this will change someday.
However, the Bitcoin can be a tremendous means for smaller transactions which
do represent very material amounts of the world economy. I certainly hope that's
where it goes.
on the other hand, a windfall profit tax of 70% of all Bitcoin revenue put forth by the
US Government would render Bitcoin to a life in the weeds. I hope that does not happen
either, but you all should remember, that is not what JP Morgan or Bank of America
are thinking, and neither are their lobbyists.