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re: Are bitcoins dead? WIKI Where u at?

Posted on 1/19/16 at 8:37 pm to
Posted by Lou Pai
Member since Dec 2014
28149 posts
Posted on 1/19/16 at 8:37 pm to
I always found it laughable that people were arguing Bitcoin would eventually supplant or even compete with the USD/other dominant currencies due to Moore's Law and the power of the sun. My opinion was further bolstered when Ron Paul replaced his skepticism with belief in the "currency."

But the blockchain technology that it brought about seems like a genius concept that could have far-reaching effects in the future in the retail financial industry, and it is supposedly already being implemented to some degree at present. I guess we will need to separate the idiocy of the message board anarchists from this concept.
Posted by diat150
Louisiana
Member since Jun 2005
43660 posts
Posted on 1/19/16 at 9:31 pm to
its definitely not dead, it is over $300
Posted by schexyoung
Deaf Valley
Member since May 2008
6535 posts
Posted on 1/19/16 at 10:06 pm to
The blockchain tech is going to do wonders for speeding up underwriting and securing electronic transactions. Still likely 3-5 years away though.
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