2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 421.32

-0.5%

Jan 16 4:00 PM EST

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Maurice Winn

To: carranza2 who wrote (166778)	1/6/2021 7:25:24 AM
From: Follies	1 Recommendation of 219484

This is well written. BTC is not yet money is the best way to express it. When the Euro replaced the Franc and Mark there was a time prices were quoted in both Euros and Marks. Eventually, and not too long the Mark was dropped because the price was stable. There is a 5% chance that eventually most things are quoted in BTC and USD and if BTC is more stable then it will be money. One problem I see is the BTC blockchain is not scalable to handle millions or a billion transactions a day. The on and off ramps will carry the load similar to visa, MasterCard or PayPal. Maybe Coinbase or Binance? If I have an account at PayPal and the merchant has an account at Coinbase, my transaction to the merchant will be between PayPal and Coinbase and be off the blockchain. Those transactions will be settled daily in a sweep and PayPal - Coinbase will have one big transaction at the end of the day.

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