Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
wasoxygen · 3214 days ago · link · · parent · post: What will the price of Bitcoin be one year from today?
If by "everywhere" you mean "in many places," and by "anything" you mean "something approaching mainstream" I agree that these are necessary, though not sufficient, conditions for widespread use. Bitcoin is already cheaper and faster than other options available in much of the world. I think regulation is an important barrier. Bitcoin businesses in the U.S. don't have clear rules to go by, and an entrepreneuer has to consider the risk of being made an example. The internet is a scaled-up version of sending someone a postcard: clearly protected and untaxed communication. When the stuff moving is a kind of money, there are (for good reasons) far more legal hurdles.Unless and until this is the case everywhere, bitcoin will never be anything