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RE: Bitcoin - Too Far, Too Fast?
meh... this is only the beginning... the market isn't strong enough even to support another coin besides btc as easily tradeable across platform... as every shady government tries to eat up all of the assets of it's citizens and millionaires look for new ways to hide the weath, bitcoin will grow stronger.... and theeeen... once another coin proves strong enough to ride belong btc and is tradeable for any other crypto like btc is, then we will be somewhere... 10k is just scratching the surface... think of it like this... BTC is now one of the major world currencies, just like usd, or yen, or the euro... it's just a 'bit' newer...
I agree. Hopefully the crash of all the other fraud coins doesn't hurt bitcoins reputation too badly. Although i am sure they will try tar it with the same brush
well... is bitcoin a security? or not? that's the great debate... the bigger threat it becomes, the liklier the us to play that card.. idk enough about the technicalities to say one way or another... I feel safe with steem re: securities law..
Agreed being a security would be messy for people who admit to owning it. Hopefully government gives innovation a little more time before they try crushing it with bans or regulations. I am an amateur on steemit and have no well thought out views regarding it's future, but I am hopeful
it is the universal currency now. If you have dollar you can purchase everything and every currency. Now it is happening with Bitcoin, if we have Bitcoin we can purchase all crypto currencies, and i think after some days we will purchase all commodities also.