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Search: Posts Made By: KevinB
Forum: Cryptocurrency May 22nd, 2021, 01:26 PM
Replies: 51
Views: 8,453
Posted By KevinB
Agreed. But if they don't, the industry won't...

Agreed. But if they don't, the industry won't scale. What I also don't know is how governments will handle compliance for decentralized exchanges. That's an entirely different beast for which there...
Forum: Cryptocurrency May 22nd, 2021, 01:04 PM
Replies: 51
Views: 8,453
Posted By KevinB
I think crypto has brought a lot of people into...

I think crypto has brought a lot of people into trading who later recognized the inadequacies of exchanges and have since moved to traditional assets. Bitcoin will never see real institutional...
Forum: Cryptocurrency May 15th, 2021, 05:23 PM
Replies: 51
Views: 8,453
Posted By KevinB
The thing about the question of Bitcoin as a...

The thing about the question of Bitcoin as a medium of exchange and/or reasonable foundational basis for global financial settlement requires a zoomed out view, IMO. Humans are so good at looking at...
Forum: Cryptocurrency May 13th, 2021, 02:20 PM
Replies: 51
Views: 8,453
Posted By KevinB
Lots of statements in that article that can be...

Lots of statements in that article that can be easily refuted/disputed from a purely objective basis, whether or not you "believe" in Bitcoin. Perhaps more importantly, note the author. Rickards has...
Forum: Cryptocurrency May 13th, 2021, 01:11 PM
Replies: 51
Views: 8,453
Posted By KevinB
No, people will just start referencing "sats"...

No, people will just start referencing "sats" instead of BTC. And you're assuming that BTC will always be priced in terms of $. At some point, it may be priced only in terms of itself. We don't walk...
Forum: Cryptocurrency May 13th, 2021, 01:06 PM
Replies: 51
Views: 8,453
Posted By KevinB
Interesting argument. But the network adjusts the...

Interesting argument. But the network adjusts the difficulty up OR down to make the block time consistent. And the losing keys issue will only continue if institutional adoption does not happen....
Forum: Cryptocurrency May 13th, 2021, 12:28 PM
Replies: 51
Views: 8,453
Posted By KevinB
Care to elaborate on what the "fundamental flaws...

Care to elaborate on what the "fundamental flaws in its structure" are that will lead to the permanent deflationary deathspiral of which you speak?
Forum: Cryptocurrency May 13th, 2021, 11:43 AM
Replies: 51
Views: 8,453
Posted By KevinB
A purist would argue that Bitcoin is at least in...

A purist would argue that Bitcoin is at least in concept a full-stack monetary system, not just a "currency." What do you think the carbon footprint of protecting the US dollar's global reserve...
Forum: Cryptocurrency May 13th, 2021, 11:21 AM
Replies: 51
Views: 8,453
Posted By KevinB
Playing devil's advocate here: Gold is not a...

Playing devil's advocate here: Gold is not a "currency" - I can't take it to the store and buy something with it. Gold has limited real-world application - it only has a minor role in production of...
Showing results 1 to 9 of 9

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