#88 Hyperbitcoinization + SEC Meeting, Overstock, Google, & Byzantium Metropolis

in #bitcoin7 years ago

If Hyperbitcoinization (or when it happens), could be ignited by debt tsunami of China's $40tn credit bubble. In the United States, the SEC will be streaming next months "Online Advisory Committee Meeting" on Blockchain Technology. And Overstock's CEO Answers Jamie Dimon’s Bitcoin Criticism, while his company, JP Morgan Chase, is still posting job ads for "Technical Blockchain Managers".

So, how is new SEC leadership connected to Bitcoin & the last financial crisis? Why is Jamie Dimon & JP Morgan Chase sending a mixed message about Bitcoin & Blockchain tech? And if the Fiat music stops, will the Bitcoin stampede begin?
Let's Discuss!

=== Show Links ===

https://coinmarketcap.com/
https://www.reddit.com/r/Bitcoin/comments/712f07/how_realistic_is_hyperbitoinization/?st=j7ryc8tr&sh=89637bd2
http://nakamotoinstitute.org/mempool/hyperbitcoinization/#selection-79.12-79.94
https://twitter.com/TuurDemeester/status/909925913923526657
https://cointelegraph.com/news/sec-will-stream-online-advisory-committee-meeting-on-blockchain-technology
https://cointelegraph.com/news/lawyer-at-firm-advising-winklevoss-twins-tapped-as-secs-etf-regulator
https://cointelegraph.com/news/columbian-law-professor-robert-jackson-named-new-sec-commissioner
https://www.sec.gov/rules/other/2017/33-10412.pdf
https://cointelegraph.com/news/overstock-ceo-patrick-byrne-answers-jamie-dimons-bitcoin-criticism
http://bitcoinist.com/mixed-messages-fly-as-jp-morgan-posts-job-ad-for-blockchain-technician/
https://www.reddit.com/r/Bitcoin/comments/70wqiy/mixed_messages_fly_as_jp_morgan_posts_job_ad_for/?st=j7rnxb6m&sh=dcb866f3
http://jobs.jpmorganchase.com/ShowJob/Id/65514/Technical%20Project%20Execution%20Manager%20%E2%80%93%20(Blockchain)%20Distributed%20Ledger%20Technology
https://developers.google.com/web/fundamentals/discovery-and-monetization/payment-request/deep-dive-into-payment-request
https://www.coindesk.com/ethereums-next-hard-fork-now-officially-tested/
https://www.reddit.com/r/Bitcoin/comments/7129q7/im_sending_informative_letters_to_atleast_100/?st=j7rntdna&sh=1a452cfe

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TuurDemeester Tuur Demeester tweeted @ 18 Sep 2017 - 23:43 UTC

Hyperbitcoinization (if it happens) could be ignited by unwind of China's $40tn credit bubble. Fiat music stops, Bitcoin stampede begins.

Disclaimer: I am just a bot trying to be helpful.

The only crypto being called a scam by mainstream media and banks is Bitcoin. JP Morgan is also invested in Ethereum. Also the last collapse officially started in September 2007 not '08. I'm curious why it's so common to hear 2008. The day Goldman Sachs in the UK was closed overnight is the official day the collapse was realized.

I also run an eBay and Amazon store and am anxiously awaiting Amazon to implement crypto because Amazon's market is very good for business. I have a fraction of the products on Amazon as eBay and still do 4 times as much business.

Very interesting, and good points. I think the whole event was a slow moving train-wreck, which yes, did start in 2007. Check this out: https://docs.google.com/spreadsheets/d/1bPpcmmKR9iZ9dcOFL9vCQQWZlcPx05hAG4U0GeOc1Lo/pubhtml;single=true&widget=true&headers=false#

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