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08:47 PM
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Let's talk bitcoin
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[quote:AxX:MV80MDg2MDk0Xzc0MDcwMzM2XzNEMTk2QkE=] Maybe BTC is like "the internet of the 90's" and Lightning Network (sidebar) is like the "AOL of the 90's". If you knew how to get a TCP/IP Winsocket program on Win3.1 and knew a secret phone number to dial into a modem nest of a University, and you had your Data Rate, Stop Bits, and Parity set right, you could connect to "The Internet" and read things. It worked and the bugs worked out. Then came the "lightning network" -- The "AOL" that let stupid people get on the internet. It took all the complexity of setting up accounts here and there and offline wallets and transfers and fees to protect your accounts offline and made it super simple for "the average joe" to get into the action. The next thing after AOL hit the internet, was MASS ADOPTION. MULTIPLE companies spending BILLIONS on getting an "online presence" that soon turned to social media (blech -- Everything has a lifecycle) But as soon as they make it super easy for Grandma and Grandpa to buy/sell/trade BTC for real commodities, it's going to take off like a bat out of hell. [/quote]
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Let's talk about Bitcoin...
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