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RE: Living, Breathing, & Betting on Bitcoin - MSM coverage for American millenials
Thank you @cryptoeagle.
Put your hands on as much as you can....cryptocurrencies arent going anywhere. They are here to stay. In fact, the more rhetoric we hear from the bankers, the more legitimacy they give to it.
The banks sound like horse buggy dealers bitching about the smelly, oily and dangerous cars for which there are no roads.. haha
Are you saying you believe their outcome will resemble that of the buggy dealer? LOL
The truth is that I am watching many who are taking the position of the horse buggy dealer while technology is flying along. It really is an interesting thing to witness.
Technology is bulldozing many people and industries without many knowing it.
At the time it wasn't that crazy. Cars were really bad, broke all the time, there were no roads or gas stations near consumers. The same is happening now but this time the transition will be much faster, a lot of people will not know what hit them...
Sounds a lot like the attacks launched at Muck and Tesla....there are no charging stations, the batteries dont have enough range. they are expensive, they cant build enough of them, etc...
Indeed, electric cars are the future too. The advantages are so many! Car companies are capitulating already https://www.washingtonpost.com/news/innovations/wp/2017/10/02/death-of-diesel-begins-as-gm-announces-plans-for-all-electric-future/?utm_term=.0c7e19a147da
Yes... ironic you posted that, I was just reading this....talks about the end of the fossil fueled based car...
https://www.wired.com/story/gm-ford-electric-this-week/
Ive been holding off buying an electric car becuase I think batteries are still too expensive and don't last but this is rapidly changing. Also, living in Florida, the car would become a power station for my home during hurricanes and I could potencially charge it with solar panels or a even wind turbine. I'm liking the idea more and more
@cryptoeagle the power stationnfeature is a good point you mention. That aspect can be another competitive advantage the electric car companies can add to their product. Upvoted your comment. @gold84
I agree.....
I am looking to get another 3 years out of my car. By that time, the price of batteries will have dropped a great deal further with extended range plus there will be more autonomous features.
LOL be careful of solar...FPL is strongly against it. We are the Sunshine State and we are in the bottom 1/3 in solar placements...go figure.
Check out the Five Stages of Grief in the following post. They describe pretty well how incumbents react to disruptive technologies. It's amazing how history tends to repeat itself but with new flavors each time.
https://steemit.com/bitcoin/@cryptoeagle/why-china-or-governments-can-t-stop-crypto-how-chuck-norris-proves-this-fact-from-communist-history
regards
Similar to the dot com, there will probably be a culling effect on the cryptos. I wonder which ones will survive..
I read that a while back...it is very good and I think captures the essence of what we are describing.
Peter Diamandis called technology deceptive right before it is disruptive....so the masses sleep just before the boom.
Is Jamie Dimon the alarm clock for cryptocurrencies?
Jamie Dimon is a good marker indeed, it's like seeing Thomas Edison electrocuting elephants haha
The banks are like the proponents of the "Red Flag Law" during the early 1900s when automobiles were frowned upon and so the regulators required a person with a red flag to run ahead of the car to make sure no one got hurt. Idiots!
Yes, the bankers are afraid. The governments I believe pressured Bittrex to delist BTS because it was one exchange that they couldn't control or shut down....a decntralized exchange! Make sure you have the BTS exchange on you computer because soon, we all might need it as Poloniex, Bittrex, Kraken, Coinbase, BitFinex, etc...all are subject to the turn off switch the government has ready. BTS exchange will be like the only light in the darkness.
Thanks for the 411 as always @haejin.
Good call on Steem by the way....this is a very nice pullback and a buying opportunity.
I hope we see your .70s.