%% JfW+ IRS seem to disagree on that bit con \ looks like IRS kingdom is right. GOOG notes ,dont slam the door on J false w; they have been taught to expect that. Pray for them LOL I dont give them a $00.25 for thier magazine\ do they take crypto cr*p now??
serious question how does anyone say it has crazy transaction costs anymore? I moved 50 K worth of bitcoin the other day on the base layer and a cost me less than one dollar. If I would’ve done the same transaction on the lightning net work it would’ve cost me less than one cent! Don’t just repeat things you hear. also the money laundering and criminal thing is like a five year old argument the truth is if you were criminal using bitcoin is the dumbest thing you could do you are essentially carving into stone a transaction that will never ever go away and can always be linked back to you if the authorities put the pieces together correctly. If you want to do crime just use regular old cash that way you won’t get caught.
alright mr pekelo let me ask ya this do you have a good explanation as to why, despite you saying they are technically superior, bitcoin cash, bitcoin SV, Litecoin have essentially no market cap, no developers, no miners, no users, no settlement volume and no interest? Why do you think that is? It’s almost as though the transaction speed is not bitcoins main value proposition. This is way more than just a global version of Venmo most bitcoin errors got that through their head in 2017 but you still seem stuck on it.
That was in the FDIC report that just came out. It seems like BTC is the preferred method to launder money nowadays.
I'm not a big fan of BTC, but it has/had first-mover advantage, and now has name-brand recognition (which also gives it a moat). But I'm not going to go heavy on it. It had its place in history, and from BTC we were able to get Smart Contracts from a competitor. This is where the Cambrian explosion happened, and we've got everything from De-Fi to NFTs in such a short time-frame. At this point, it is going to be very hard to predict what other innovations will hit in the next 10 years. Many people are still trying to wrap their heads around DAOs. God help the boomers... The NFT bubble was FUN to watch. And I most enjoyed the inevitable burst of the craziness. But... NFTs are here to stay. They have their uses and they are only getting started.