2strokeYardSale
Moab on my mind
Is this what you were talking about?
https://www.forbes.com/sites/rogera...-walmart-for-global-food-safety/#b717f733d361
IBM Forges Blockchain Collaboration With Nestlé & Walmart In Global Food Safety
bitcoins
- Thread starter enki
- Start date
Is this what you were talking about?
https://www.forbes.com/sites/rogera...-walmart-for-global-food-safety/#b717f733d361
IBM Forges Blockchain Collaboration With Nestlé & Walmart In Global Food Safety
redruM
Peripheral Visionary
Bitcon is not a crypto "currency". It, along with the hundred other digi-coins out there, are crypto assets. Huge difference... and Peter Schiff explains it well:
youtu.be/nIOONogoHDE
youtu.be/nIOONogoHDE
UDRider
FLCL?
Sounds about right.
I like Peter Schiff and have found his past analyses pretty spot on. I think he still needs to do more research on blockchain and digital tokens and what the potential uses are. His comparison of a virtual house and a digital one is far from an accurate analogy. There are some blockchain companies actually working on tokenizing your home. You could sell small portions of your house to investors if you needed to or wanted to split a property between multiple parties.
I do agree that bitcoin is an asset. There are other "currencies" that work better as a currency. There are roughly 1000 or more and I think there will be probably 10 that will last just like the .coms during the dot com bust. The ones that last will have something that makes it different from the rest. Like ethereums smart contract feature.
I don't think ANY of these will replace fiat. I think of it as another choice for people.
The good thing is this thread will be around forever so we will all see how this'll shake out.
I do agree that bitcoin is an asset. There are other "currencies" that work better as a currency. There are roughly 1000 or more and I think there will be probably 10 that will last just like the .coms during the dot com bust. The ones that last will have something that makes it different from the rest. Like ethereums smart contract feature.
I don't think ANY of these will replace fiat. I think of it as another choice for people.
The good thing is this thread will be around forever so we will all see how this'll shake out.
Mabrouk
Well-known member
redruM
Peripheral Visionary
His analogy of a digital house versus a real house - which made me lol - was spot on. It was in response to those who think bitcoin is comparable to gold... or that btc is somehow poised to become "digital gold" itself. It's hilarious that bitcoin adopters (whoever they really are) and the media have tried to ingrain this false likeness into public consciousness by pushing the visual of a gold coin as its ubiquitous symbol
Truly pathetic :rolleyes
panthera said:
Hey, where did those tulips and beanie babies threads go?
Sounds like you're diversified, so right on. Certainly wish you well with the stuff... just don't be surprised if it doesn't, erm, 'pan out'.
I certainly don't think of bitcoin as digital gold. I see it as a means to transfer fiat. I happen to believe in the under lying technology and can see it in use in may aspects of our lives. Beanie babies and tulips show how little you know of the subject in which you speak.
redruM
Peripheral Visionary
If you think he's just some one-dimensional chicken little, perhaps you've let the media define the guy for you. Dude is one of the most insightful free-market libertarians out there, covering all political/social/economic topics under the sun.
He did a guest appearance on the Joe Rogan Experience last week... it's on Youtube - great way to get better acquainted.
redruM
Peripheral Visionary
Like UDRider said, this is about bitcoin specifically - not blockchain technology.
Some people put their full trust and faith in technology, others don't. I for one do not welcome our technocratic overlords.
Blankpage
alien
No thanks. I've watched plenty of his videos a decade ago back in 2007 where he was preaching $5000/oz gold, dow at 1000, collapse of the US dollar. I bought into it and it cost me money.
I bought silver at $10 and sold it 7 years later for $15. Im not buying the gold for insurance bs. The market is where my money will be and if that goes bottom up then I'll be in the same boat as everyone else. Those who horded gold and ammo will be burned also.
The increase of M1 of other currencies relative to Bitcoin. In short: supply of other currencies VS bitcoin. Don't forget: Bitcoin really isn't a currency at all. It's a medium for cleaning dirty money and speculating on the world currency markets.
redruM
Peripheral Visionary
Well, there's watching and then there's embracing/believing. Had you truly bought into it, you wouldn't have lost a dime... you would've held on - and continued to hold on - for all the right reasons.
E.HONDA
Hookie
I'm back into it. I buy Bitcoin Etherum and Litecoin, started buying again about 4 months and made some good returns.
I bought 5 bitcoins years ago for like $80, wish I kept them... I remember when they were pennies but did not pull the trigger, it was also MUCH shadier back in the day.
PM me if you have questions.
I bought 5 bitcoins years ago for like $80, wish I kept them... I remember when they were pennies but did not pull the trigger, it was also MUCH shadier back in the day.
PM me if you have questions.
E.HONDA
Hookie
100% not true.
UDRider
FLCL?
100% true.
Yakoo752
USN
these highs might be short lived
I have been hearing about this for a while now, I think last year they announced. I'm starting to hear about it again which could imply they go live soon.
Six of the world’s largest banks led by UBS (NYSE:UBS) and some others that have signed on are teaming up to create and accept a utility settlement coin - a new cryptocurrency. It is supposed to be used for clearing and settling transactions over blockchain technology. Backed and promoted by Barclays (NYSE:BCS), Credit Suisse (NYSE:CS), Canadian Imperial Bank of Commerce (NYSE:CM), HSBC (NYSE:HSBC), MUFG (NYSE:MTU), and State Street (NYSE:STT), Deutsche Bank (NYSEB), Banco Santander (NYSE:SAN), BNY Mellon (NYSE:BK) and NEX (OTC:NEXGY) along with UBS, it will use the USC to settle securities transactions - paying each other for buying and selling securities without any waiting period for traditional money transfers.
I have been hearing about this for a while now, I think last year they announced. I'm starting to hear about it again which could imply they go live soon.