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RE: The Future of Bitcoin & STEEM May Be Limitless! - Jeff Berwick Talks Cryptocurrencies
BTC-U will upgrade Bitcoin to 3s transactions and 10,000 transactions per second. No more mining cartel, wasted electricity or drama. All 21 millions coins in circulation now and zero supply inflation. BTC-U makes Bitcoin what everyone wants it to be and completely leapfrogs the next decade of squabbling and forking and infighting. Snapshot is Aug 1, so make sure you control your private keys.
Mining will continue since only 16.4 million of the total 21 million coins are currently in supply. The speedy transactions are nice. Mining is enjoyable but wont last past the year 2100 when the last bitcoin is created.
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I have follow you and also upvote you. I you do the same for me.
You got a nice reply on this article.
Followed
BTC-U? Is that the alternate to BTCC or something? I heard that somewhere they are trading futures on BTCC...and that the "predicted" trading price is like $480! That's freakin insane! ...no? :-)
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Current bitcoin supply is about 16.4 million.
I could be wrong but I understood that the current supply as of August 1st is what will convert to BTC-U and then BTC-U supply will not increase further.
what btcu do you mean bitcoin cash?
BTC-U or BTU is Bitcoin Unlimted a fork along with Bitcoin Core BTC, and there is a new one participant BTCC Bitcoin Cash.
Bitcoin United as Stan Larimer posted: https://steemit.com/bitcoin/@stan/bitcoin-united-btc-u-offers-3-second-confirmations-and-massive-throughput
Thanks for asking.
This info you got here is really helpful.