Are you guys aware that Bitcoin ledger can be checked by public to see if there is a huge cash is hidden? The first block in blockchain was bootstrapped publicly? You cann't exactly 'hide' money in blockchain. It is need to be hashed by a fraction of block-chain cluster to be accepted as a fulfilled payment.
Are you aware Gold standard currency is no longer in distribution in most of the countries. That includes USA, India and China.
Yeah you are stupid if you cann't contribute anything else. But a wumao can do only this much for 50 cents right?
It is backed by strong cryptography which even governments cann't snatch from you.
I did enjoy the way he casually slipped that in lolYou had me at "not controlled by Jews," lol.
Economists seem to be saying that Bitcoin is in a bubble and will have a huge fall soon. Some fools are even taking out huge loans and putting that money into bitcoin now.
bitcoin price is a bubble but itself is not a bubble. It is a currency, which like any other commodities has its price decided by supply and demand.
There are other cryptos like IOTA which solve scaling issues.
The scalability issue isn't related to cryptos. It is about how it implements proof-of-work and consensus building to solve the double spending.
Thats exactly what IOTA is solving. It uses a graph based block 'chain' called tangle. It speeds up consensus. IOTA is meant for IoT devices so it needs to be scalable.
