Tuesday, July 18, 2017

Bitcoin passes first hurdle

Bitcoin Soars As Much-Feared Network Split Appears To Be Avoided

There is a second hurdle on Aug 1 concerning user activated soft forks, the ability of users to have a greater say in the election of block chain methods, in real time I think. I expect that to pass.  The futre of bitcoin miners will be very large branded side chains calling most of the block chain services.  

The biggest threat to bitcoin is banker's coin, but that is not yet in existence, it is the bankers' backup plan. We will see the threat of banker's' coin as the Fed goes deeper into its ravine. Then all hell breaks loose for a quarter as the senate adapts to the reality of sandbox.

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