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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (165041)11/11/2020 7:27:10 AM
From: TobagoJack  Respond to of 219662
 
We buy BTC hoping BTC would be used

To any extent the infrastructure is set up for and eco-system populated w/ BTC users, better

The portal is just another way by which BTC is used, and uses, and enables folks to dive into BTC universe, and when wish, to come up for gulp of spendable cash (to any extent they may wish to do) in the USD (or any other currency) universe, and facilitate dive into gold via USD. Eventually all came be made less expensive in terms of transaction friction, as has happened to brokerage fees on RobinHood.



To: carranza2 who wrote (165041)11/11/2020 7:33:14 AM
From: TobagoJack  Respond to of 219662
 
Just a thought ...

How much should DRD be valued at should it evolve towards becoming a business where bitcoin and gold can put back and forth, and by way of ViaMat gold transport service go cross-border, and via some Swiss or Hong Kong or BVI bank, flow into any and all currencies through an Uber / AirBnB type of matching service, hooked into Alibaba and able to acquire most manufactured goods.

In such a scenario, what should BTC trade at? Answer, total transaction float, formulae-linked to transaction velocity, divided by fully-diluted bitcoin count of 21M, say US$ 500k- 1M

What happens when the Swiss / HK / or BVI bank is replaced by some top banks of the world ?

Well, CCB just led on the issuance of a bond that can be traded in USD and BTC, in Malaysia, as a test, apparently Message 33034418

Is JPM that far behind, and not progress?

If JPM jumps in, what about every other bank?

Is there enough bitcoins to go around? Yes, but not at current USD pricing. Does this argument soun d familiar to us? Yes, it is the same argument for gold. Thus bitcoin is the new gold.