How Practical It Is To Live On Bitcoin In 2017 | CNBC

[kuyu]

For your viewing pleasure, please see below:

 

[kuyu]

and in case the above leaves you wanting more, well then. Here's some more !

 

 

[xlon]

If I'd say "bitcoin" or "xrp" in my own village, I'll immediately be punched in the face by rednecks thinking I'm trying to offend them by some swear words.

Edited September 6, 2017 by xlon

[ThomasTheTGV]

You guys should visit Arnhem

https://www.arnhembitcoinstad.nl/#kaart

[kuyu]

Do you think they are aware of the transaction costs at Arnhem or they are financially unsound decision makers?

Are they sure they want everyone else to know? Because if it gets really popular and more unsound financial decision makers join, then the slower everything becomes as well !

Ohh and by the way, the Bitcoin central bank self-replicates every few months to create more money out of nothing. Oh..wait.. that was meant to be just the Governments. Seems old habits die hard.. Oh and now all those business have just accepted so much risk, risk which they barely comprehend let alone estimate. They see only the upside of it... why ? Because they think things go up forever and ever.. in a way it is beautiful. 

History teaches us that we don't learn our lessons. And we repeat the same mistakes over and over again, whether as institutions or as individuals.There's a very painful lesson on the way..

But that's just me and my mom & pop logic. What do I know?? 4000 + valuation for all the great stuff above. It's super great..

[ThomasTheTGV]

1 hour ago, kuyu said:

Do you think they are aware of the transaction costs at Arnhem or they are financially unsound decision makers?

Are they sure they want everyone else to know? Because if it gets really popular and more unsound financial decision makers join, then the slower everything becomes as well !

Ohh and by the way, the Bitcoin central bank self-replicates every few months to create more money out of nothing. Oh..wait.. that was meant to be just the Governments. Seems old habits die hard.. Oh and now all those business have just accepted so much risk, risk which they barely comprehend let alone estimate. They see only the upside of it... why ? Because they think things go up forever and ever.. in a way it is beautiful. 

History teaches us that we don't learn our lessons. And we repeat the same mistakes over and over again, whether as institutions or as individuals.There's a very painful lesson on the way..

But that's just me and my mom & pop logic. What do I know?? 4000 + valuation for all the great stuff above. It's super great..

Well i didn't say I was a fan Also it kinda flopped... (article is in Dutch)

http://www.gelderlander.nl/default/bitcoin-geflopt-in-arnhem~a1ef2b36/

[kuyu]

9 hours ago, ThomasTheTGV said:

Well i didn't say I was a fan Also it kinda flopped... (article is in Dutch)

http://www.gelderlander.nl/default/bitcoin-geflopt-in-arnhem~a1ef2b36/

Hey myself also ! I am not like a total fanatic. It's just Bitcoin has warped into a complete and utter lie. My opinion always. 

In the end, the consequences of an implosion could only be detrimental for the whole space in general and anyone hoping to make a mark with enterprise solutions. People, regulators,  government - they majority just wait for excuses. I've worked with government before and international bureaucracies. I do not consider them to be, on average, considerate of the "greater good" in cases where s#1t hits the fan. Many are permanently inconsiderate. They are quite simply, following non relevant incentives...

At the same time, Banks are not being caught by surprise. Not by a long shot. Banks are entrenched in modern world economy, society and political decision making. The Bitcoin groupies.. they have another thing coming if they really believe all the stuff that is being preached. The upheaval that is required for their "dream", is not technological.. it is cultural, it has to do with resource availability and equality. This world is VERY far away from such an eventuality.. and the Bitcoin community's failure to see this, their failure to acknowledge the inferiority in the technology, and the ongoing preaching for "1 mil Bitcoin, 150k bitcoin" etc., are marks of greed. Nothing else... just plain ugly greed. 

bah humbug !!

p.s. thanks for the articles and link btw ! I found it super interesting. Dutch always get up to interesting stuff   - My home country is a cave by comparison.