Why Bitcoin Value vs. The Dollar Doesn't Matter (and Never Will)
Bitcoin value is up over 200% from this time last year. How's the dollar doing? Today I will extend to you three key reasons why the Bitcoin value versus the "Almighty Dollar" is of little significance, and may be totally irrelevant both now, and in the future. One reason can be from distilled from lessons learned in our history of decentralized networks versus other centralized networks. One can be realized through the present day landscape, and one looks into the future of money as we know it. So let's begin with our ability to learn from history. Twenty years ago, when the Internet was....
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The regulatory debate of cryptocurrencies is a sensitive matter for the cryptocurrency community. When Mike Hearn, Chair of the Bitcoin Foundation's Law & Policy committee, proposed a "brainstorming" on the possible merits of blacklisting addresses, there was a backlash at the very idea of having such a debate, but lawmakers and academics are constantly giving speeches and publishing papers on the legal implications of cryptocurrencies with particular emphasis on its anonymity or pseudo-anonymity features. Anonymity or pseudo-anonymity is a core feature of Bitcoin, the most prominent....
Looking at a Bitcoin price "candlestick screen" is no way to go through life. If you are day trading Bitcoin, or are in Bitcoin for the short-term, to make a quick hit, this article is not for you. If you think the U. S. Dollar is going to be the global currency for the rest of your waking days, turn back now. If you think gold and silver are the only "real" commodities worth investing in, you are free to leave the room. Also read: Why Bitcoin Value vs. Dollar Doesn't Matter. That is for the Bitcoin full-timer. The lifer. The person who gets paid in BTC and knows how special it truly is.....
Former U.S. President Donald Trump told Fox Business that he doesn't like bitcoin because it competes with the dollar.
“What can bring us closer together than the same losses? It doesn’t matter if there are two of you or 2 billion. If you have been in the same pit, you will understand this person, even if you see him for the first time. If all financial structures and cryptocurrencies, among other things, talk about […]
While many people focus on the price of bitcoin and its volatility, the true metric of success is adoption.