The virus is spreading...steemCreated with Sketch.

in #bitcoin5 years ago

Just when we thought it was safe to go back in the water...

(Said US law makers and regulators)

It wasn't...

The virus is spreading folks.

Check out the lower right side of the picture:

(Source: https://twitter.com/JustinFilson/status/1156606942737043456)

I have seen a bunch of stuff like this popping up over the past few weeks.

Donald and the like think they are going to kill it, but really they just lit the fuse...

Never before as a residing president or treasury secretary mentioned bitcoin until a few weeks ago.

Now we are seeing stuff like this more than ever.

Thanks Donald!

-Doc

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Can someone put in a phonecall to Donald and tell him to publicly talk some shit about Steem?

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Haha, I am not sure why he is not a fan. He loves twitter... just gotta sell it as a better twitter!

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If we set up a lottery here that undermines state law and takes away government revenue I'm sure he would.

Haha perhaps. I would think if he knew that he couldn't be censored on the blockchain, he would be all about it.

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Yo lads! Do you have a loicense for that lemonade stand? No? Well, then I guess that's unreported employment! Also, Imma gonna jail your parents for child labour.

Yours truly,
Da Police

Lol. Though depending on where this was actually taken, laws may vary. :)

Don't forget to cripple the kids while you're at it. ;)

Anything to stop the spread of bitcoin!

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Hahahaha funny kids.

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If only they had said... "we only accept bitcoin"

They are visionary hahaha.. they are going to be famous!

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Internet famous for sure.

add litecoin and ethereum too😊

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And why not steem as well? At least that one won't cost you anything for the transaction!

yep steem as well also dash is practically free

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The problem with accepting cryptocurrencies as payment is that no one wants to spend them because they move around so much. Ideally the SBD would make a much better option, or some other stable coin with free transfers.

Market down, bitcoin up... could be the start of a new trend!

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Hopefully. Though it has tended to do well along with stocks, the correlation seems to change as we move forward.

I think your thoughts are very good, we can make a better understanding, you can add me WhatsApp +86 18559178140

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I think your thoughts are very good, we can make a better understanding, you can add me WhatsApp +86 18559178140

Aren't the transaction fees at least the price of two or three cups of lemonade?

Big believer in crypto. Doubtful about BTC as digital cash because of things like this.

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It doesn't have to be. In fact I don't think it ever will be due to government protecting their currencies. However, it is worth $200 billion currently and gold is worth $8 trillion. If it just takes 10% of the current gold market, we are looking at $800 billion and 4x. If it takes something like 25% of the gold market, which still might be conservative, we are looking at $2 trillion and 10x, which is over $100k per coin... and that is without challenging fiat in any meaningful way.

And current transaction fees are roughly $2 or so:

https://bitinfocharts.com/comparison/bitcoin-transactionfees.html#1y

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