Bitcoins/Litecoins/Virtual Currencies
- Thread starter Tripamang
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James
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Reading this thread, seeing all these terms I don't understand, it finally clicked whyJames hasn't posted in the PoE thread in quite a while.
I beat it back in Blight league, and then Bex called a Hong Kong dissident a racist because they were slightly critical of China in a totally unrelated subreddit once years ago so I quit.
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You would love the Gauntlet events.I beat it back in Blight league, and then Bex called a Hong Kong dissident a racist because they were slightly critical of China in a totally unrelated subreddit once years ago so I quit.
James
Ahn'Qiraj Raider
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Nah, before the big crackdown what you did was download Tails OS onto a USB, boot it up, connect to Alpha Bay/Silk Road/Some Other Darknet Market, search for LSD dealers in your country, and have it mailed to your front door by USPS or whatever I don't know.
Tmac
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The plebs are actively sinking hedgies, but are going to adopt a JPM Coin? Okay!
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James
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It's a lot more complicated than that, Consensys is involved and has a lot of info out on CDBC architecture if you're curious as to how they're approaching it. $FEDBUX will absolutely be adopted by the public, while JPM Coin will most likely be just an industry thing.
Flobee
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Oh shit son. From the president himself. Not sure that I've seen a President on a podcast, much less a Bitcoin podcast
EDIT: Host is dressed like a homeless man lol. Perfect. Bukele absolutely understands Bitcoin, he's gambling on it being the future and taking the rewards for leading the pack.
EDIT: Host is dressed like a homeless man lol. Perfect. Bukele absolutely understands Bitcoin, he's gambling on it being the future and taking the rewards for leading the pack.
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Isn't this an outline for something that's more of a bank transfer/check clearing system than an actual currency?
Arden
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From what I can tell:
JPM "Liink" is the payment infrastructure/payment settlement system that "links" banks to the same network
JPM "Onxy" is what JPM's proprietary blockchain is called
JPM "Coin" is JPM's proprietary crypto currency. Worth noting, it's a stablecoin, pegged to the USD
I also found out after digging a little that this isn't exactly news. This info has been out several months... Not sure why Zero Hedge is suddenly crowing about it.
Either way, it seems very, very bullish for blockchain/crypto in general. This is what adoption looks like.
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Tmac
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Rajaah
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Friend of mine who I got into the NBA years ago just asked me minutes ago if I was watching the playoffs. I said "LeBron doxxed a cop, I don't watch the NBA anymore"
Standing on principle and dropping things we used to like has been getting easier and easier.
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Arden
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Not shitting on good news for crypto- because I believe it is good news- but it's just El Salvador.
The mayor of Miami likes crypto too, and Miami has ten times the GDP of El Salvador...
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Arden
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Tmac
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Arden
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Rajaah
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My next big VET buy went through at 7.8 cents. Wish I'd caught it at that 6 cent drop, but it's been bouncing off resistance ever since and trending upward. I was aiming for 8 cents and didn't even think that'd happen. I'm pretty happy with this number overall.
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