Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Vermont Lt
As many as 60 central banks looking to developing their own digital currencies, as pressure grows on governments to innovate in the space.

And that is why Bitcoin will be going to ZERO in the next year or so. It was and is a crypto nerd's experiment. It has FATAL DESIGN FLAWS that will prevent it from being able to scale out to the size and the high transaction rates required.

7 posted on 03/01/2021 6:54:55 AM PST by BiglyCommentary
[ Post Reply | Private Reply | To 1 | View Replies ]


To: BiglyCommentary

I respectfully disagree. What are the fatal flaws? It’s been working for 9years without a hiccup. The Fed Wire has been up for what, 3 days?


13 posted on 03/01/2021 7:15:56 AM PST by Vermont Lt
[ Post Reply | Private Reply | To 7 | View Replies ]

To: BiglyCommentary

Very informative article that shows how cryptocurrency is immune to hackers, investors and most importantly, governments.

https://freerepublic.com/focus/f-chat/3937207/posts

Bitcoin cannot go to “ZERO”.


30 posted on 03/01/2021 8:17:14 AM PST by Responsibility2nd (Trump is a deposed Pres. in exile. America is truly a banana republic. Our govt. has been overthrown)
[ Post Reply | Private Reply | To 7 | View Replies ]

To: BiglyCommentary
As many as 60 central banks looking to developing their own digital currencies, as pressure grows on governments to innovate in the space.

And this is why bitcoin will persevere - no one is going to relish the opportunity to pay bank fees, embrace Orwellian surveillance, and tolerate government manipulations (inflation). Bitcoin cannot be manipulated by governments or banks - too bad for them. So many so confused about the nature of bitcoin.

34 posted on 03/01/2021 8:55:14 AM PST by corkoman
[ Post Reply | Private Reply | To 7 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson