Friday, 22 November 2019

Bitcoin is not too slow, Bitcoin fulfills the role of currency issuer and final settlement.

"Ultimately, bitcoin is not competing with Visa for supremacy in global payments. Instead, bitcoin is competing with the dollar, euro, yen and gold as money, and any comparison to Visa, its transaction volume or transaction speed is fundamentally flawed. Bitcoin fulfills the role of currency issuer and final settlement. As a result, the proper comparison would be between bitcoin and the Fed as currency issuer and as a clearing mechanism. No one makes the mistake of confusing the functions of Visa for that of the New York Fed, but for some reason, the comparison is often made between Visa and bitcoin. "

https://www.unchained-capital.com/blog/bitcoin-is-not-too-slow/

I had an epiphany reading this article and especially this paragraph.

Bitcoin is the basis to which a payment system such as Visa/Mastercard will be built.

Lightning network being a good start but many more of these innovations to come and help scale Bitcoin based payment systems.

submitted by /u/Markuchi
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Literally me on the edge of my seat watching bitcoin sit on the 50/100 weekly averages. Hang in there everyone. Just enjoy the show.

Literally me on the edge of my seat watching bitcoin sit on the 50/100 weekly averages. Hang in there everyone. Just enjoy the show. submitted by /u/abalcs81
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SCAM ALERT: Richard Heart’s HEX coin ponzi pyramid scheme

HEX is a 100% ponzi scam

Richard Heart aka Richard J Schueler is a career criminal with a VERY shady past. In fact, he’s been convicted of over 4 felonies and served jail time in his home state of Florida.

https://m.imgur.com/a/i8ODR

https://reddit.app.link/LPonl9HzI1

https://steemit.com/cryptocurrency/@isacoin/the-truth-about-richard-heart-aka-richard-j-schueler

https://youtu.be/jvW-OGSIvoY

Richard Heart’s REAL JOB

Seabreeze Air Conditioning Inc

1300 SW 28th Street

Fort Lauderdale, Florida 33315

File a complaint

https://www.ic3.gov/default.aspx

submitted by /u/Lee_Abbamonte
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source https://www.reddit.com/r/btc/comments/dzy8u1/scam_alert_richard_hearts_hex_coin_ponzi_pyramid/

Despite Allowing Mining, Related Factors to Drive China’s Focus on Blockchain

Despite Allowing Mining, Related Factors to Drive China’s Focus on Blockchain submitted by /u/8BTC_NEWS2020
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source https://www.reddit.com/r/btc/comments/dzya7y/despite_allowing_mining_related_factors_to_drive/

Black Friday)

Black Friday) submitted by /u/definitelynotdeleted
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