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thenewgreen  ·  3478 days ago  ·  link  ·    ·  parent  ·  post: Is Bitcoin Dead?

Yep, it's far from dead, it's thriving. I see, here and elsewhere a lot of armchair experts. The truth is that BTC's success will not hinge on the adoption by a college kid that thinks they're cool, but rather by adoption by the corporate world.

Companies remit payments of millions of dollars per day and have to pay large percentages to do so. If there's a way to facilitate these payments at a far reduced price and the liability isn't a concern, they'll do it. This is a $580 billion a year market. This is the space the banks are competing for right now. Everyone thinks the money is on the consumer side. It's not.

BTC is here to stay. It's just not going to be the path towards relevance people commonly think of.

Also, US banks and the regulatory climate need to change their tune. -Awful. Stifling innovation.