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RE: Could Bitcoin Soon Be Accepted Everywhere?
I hope some other coin will replace bitcoin before that happens.
I am no expert so maybe this is a stupid thing to say but I would prefer a different coin with less of a transaction fee (not sure if this is possible).
If it's not bitcoin, though the transaction fees can come down with updated tech, I hope it is steem. Otherwise I am going to need to be diversifying a bit.
If you decide to diversify, look into EOS and bitshares.
I personaly have high hopes for those 2, though I am just an amateur when it comes to cryptocurrencies.
Ah, so you are a Dan Larimer believer? He's developed some very good projects.
Dan larimer believer? In my head that guy is a modern day rockstar.
I try to keep up with everything he does, but he is way to smart for me, since there are a lot of things I dont really get, but ofcourse that is on me.
I do get where he is going (not how is going there), and every time he talks about one of his projects I feel like how I felt when I first heard about cryptocurrencies and steemit (very excited and can't wait to learn more about it).
He is a single man who can change the world with his revolutionary ideas.
I wish he would still be active on steemit so I could exchange opinions with him, but I think that is too much to ask since he got a lot on his plate with all of his projects.
I am also a fan of EOS and BTS and am currently playing one of the first games running on the EOS blockchain (EOS knights), this is a simple game where you kill goblins and sell the loot for EOS in your wallet.
you can use this EOS you earned from the loot to buy better gear and make EOS even faster, it is very adicting and loads of fun (although there are some improvements that need to be made in the near future).
Given the chance I would build him his own church and start a cult following.
I doubt it.Btc has enormous marketing..no one is close.
It's called a network effect
Precisely, that's what I believe will end up happening. Just use a Crypto that is user friendly and scale to begin with. No need for a any middle man unless converting back into fiat. Facebook, Square, Signal, Venmo, Twitter need to all have native Crypto wallets integrations built right into the account. They could just easily make a partnership with a multi-currency wallet. Some of these universal wallets have stable tokens right inside. You can have a DEX that instantly converts to stable USD coin for nearly free. Merchant can make a decision wether or not to make a bank withdraw or leave some in Crypto to pay employees. You can even do percent's. Merchant can choose how much Stable coin or Crypto they want. Example, 20% BTC, 20% ETH, 10% Dash, 50% Stablecoin.
Wow you put a lot of thought into it.
I think a pegged currency could be the answer because they are always same price with little to no fees (0.01% most of the time)
Yes, I believe that is already starting to happen. I am sure Coinbase will add something like Stable Coin Maker Dai direct USD pair in future. It's decentralized, so you can prove the reserves are there unlike Theter. Just having the ability to buy a decentralized Stable Coin to bet in predictions markets like Augur would be a game changer. Stable coins are going to gigantic in use. I think the biggest coin by market cap will be a stable coin built on top of public blockchain. Two very important projects are the Dai and a project Circle is doing for stable coin.
It would make trading a lot easier if they did that, sounds great.
I'll have to check DAI and project Circle out soon.
Funny you mention tether, I dont know why but I just have no faith in tether, It smells fishy but I dont know why.
Tether requires trust that the dollars are actually there. Other decentralized coins like Dai requires 0 trust like Bitcoin since you can mathematically prove the collateral.
Ok that's crazy, why would people even buy tether.
I smell a boycot (or a girlcot for the SJWs among you >.<)