Quote from: avikz on December 03, 2020, 10:21:39 AM

Isn't it already a global asset?

No, it has always been a global currency Cheesy

Quote from: amishmanish on Today at 07:41:40 AM

This is all great positive sentiment that has been going on for some time now. The only few hurdles remaining are:

1. How do US regulators treat it with the change in administration. There has already been a talk about regulations to ensure that "Wallet providers" don't treat people differently like traditional banks have when it comes to access to credit. Just looks like an excuse to get KYC from wallet software providers. Running your own node may become essential for those who desist KYC.

2. IF bitcoin gains such prominence, it remains to be seen that what political actors want to do about the mining dominance of Chinese ASIC hardware.

1. Bitcoin wallets are all open source and nobody can do anything about them including but not limited to adding KYC to the software. That is the beauty of open source and decentralized systems combined. Other services that call themselves "wallet" such as Coinbase have never been actual wallets but centralized accounts and from day one they were enforcing KYC and other privacy invasion stuff.

2. The only dominance China has is in production of ASICs, if you think about it a lot of other things that you are using daily is made in China and nobody is capable of doing anything about it!