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Re: dipbuy post# 42733

Thursday, 01/02/2020 7:13:53 PM

Thursday, January 02, 2020 7:13:53 PM

Post# of 63480
Trump himself boasted that btc futures were inaugurated expressly to burst the btc bubble and prevent btc from being potential competition to govt control of money. Look at the gold market when gold futures started. Same result. Gold tanked. If btc is to survive they have to prove somehow useful to the economy like the advent of Visa and Mastercard which essentially multiply the amount of 'money' available to the economy allowing expanded consumer spending. Right now the biggest knock against btc is that it serves no useful purpose. After so many years it is still an answer looking for a problem. Blockchain is useful but btc is not blockchain.
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