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RE: Bitcoin, Cryptocurrency, Blockchain Update
I will take the 250k price! I saw that article when I got up today and I would like it to be true.
I am the last person to predict financial furtures. I would not be in this at all if not for steemit, and I am grateful to have gotten the entrance.
I say we are too "centralized" in this decentralized game. A few big fish are on the top of every coin, from what I can tell. It needs to get to that mythical "I can buy a cup of coffee" phase with wide adoption. Then I think we will have something and I hope I am still in it to reap the benefit.
Tend to agree, too many focusing on how to gain off of the technology instead of focusing on how to make it easy to use as a daily currency. Living 3rd world one sees the necessity where massive banking fees have been implemented, making movement of any currency nearly impossible without attracting large costs.
Once bankers and governments realize they are not losing copious amounts to implement, the systems will start being trialed into markets. Problem is it needs to be global to overcome across border transactions.
Another 5 to 10 year waiting game, have sat out the first 3 years and still holding on to see who will make the next big prevalent move.
I hope someone (btc) moves soon. These low prices are killing me. I can actually live off this now with just a bit more of an increase. I tell this to people all the time in fb groups, but people are focused on the risk level right now. I hope that with some of the bigger institutional players coming in, wider adoption will follow.