Quote from: deisik on November 18, 2020, 11:53:03 AM

Quote from: bits4books on November 18, 2020, 05:17:34 AM

Quote from: deisik on November 17, 2020, 10:29:19 AM

Quote from: bits4books on November 17, 2020, 08:14:14 AM

The worse things are in the US, the worse it will be for the whole world in General, and BTC in particular

Your reasoning is quite correct

But your premises are quite shaky. That is to say, crypto won't be a lot better than the world around it, but what would make the world a much worse place than it is now? You essentially say that Biden is going to destroy the American economy (or substantially impair). But is this really so?

Given the overall focus of Biden and his team (and party), I have concerns that the US economy will go down for the "common good of redistribution between rich and poor”. He is going to not only raise taxes on large incomes but have desires to restart the notorious ObamaCare and God knows what else. All this will cost both a lot of money and a lot of reputational risks

Let's wait and see. But personally, I don't think that the US economy under Biden will be much worse (or worse at all) than under Trump

If you recall all the last times when the President was from the democratic party , you can trace a very good continuity of the overall management style. They talk about health, the economy and raising taxes for the common good, and in the end they fail all their projects and catch the general discontent because of the launch of new inefficient economic and social projects.

Quote from: deisik on November 18, 2020, 11:53:03 AM

Quote from: bits4books on November 18, 2020, 05:17:34 AM

I have already said many times here and I will say again that until today's community wants to live with cryptocurrency as "real money" and not as an investment, then there can be no question of any mass adoption

I support this view

It is actually pleasing to see that more and more people come to understand that it is not merchants that are refusing to accept cryptocurrencies but rather the crypto community that doesn't want to part with their precious coins. But there is a hope for them too, and this is crypto payment cards once they start to cut it in terms of maintenance costs and commissions, that is, become as useful and convenient as regular ones

The issue of cryptocurrency cards is quite controversial, as for me. Yes, this is already a big step for using coins and tokens as a means of payment and not an intermediate component of the money chain, but it is not a fact that such cards will be widely used. And it is not a fact that people will use them for their intended purpose and not to make it even easier to cash out their trading victories.