Crypto currency (IF banned from CA)



nikom court said:
heres the link to the job
careers.byp-network.com

Digital Currency & Innovation, Senior Manager Job at Lloyds Banking Group in Birmingham, United Kingdom

Apply for LLOYDS BANKING GROUP Remote Digital Currency & Innovation, Senior Manager Job in Birmingham, United Kingdom
careers.byp-network.com careers.byp-network.com
maybe @JimmyJeffers or some of the lads on here might want to apply lol
Click to expand...
Can you explain how this is bullish for bitcoin? I thought you said you wanted bitcoin to replace the banks?

Meanwhile, while everything else is red, HEX is hitting new all time highs
 

DuuuncanHadaPigeon said:
Can you explain how this is bullish for bitcoin? I thought you said you wanted bitcoin to replace the banks?

Meanwhile, while everything else is red, HEX is hitting new all time highs
Click to expand...
its an example of bitcoin going mainstream,
within the next 2-3 years it will be in all your pension funds,even your local tsb will sell it!
as you go inside your branch there will be a picture of that guy off the halifax adverts offering you the chance to buy bitcoin,for a fee of course!
hex will probably go to zero by then!
 
nikom court said:
its an example of bitcoin going mainstream,
within the next 2-3 years it will be in all your pension funds,even your local tsb will sell it!
as you go inside your branch there will be a picture of that guy off the halifax adverts offering you the chance to buy bitcoin,for a fee of course!
hex will probably go to zero by then!
Click to expand...
buying BTC from my bank is not what I imagine, decentralized p2p digital cash should be (I mean this was literally satoshis vision)

what happens when the banks just buy up all the BTC on the market? They aren't going to put BTC in a pension fund when it regularly dumps 80-90%, even though it then hits bigger highs, its too volatile for a pension fund imo.

Ye, I mean if you had any solid arguments why HEX might do that I would maybe take you seriously, but you don't. All I need to do is post BTC vs HEX chart for last 18 months.
 
nikom court said:
its an example of bitcoin going mainstream,
within the next 2-3 years it will be in all your pension funds,even your local tsb will sell it!
as you go inside your branch there will be a picture of that guy off the halifax adverts offering you the chance to buy bitcoin,for a fee of course!
hex will probably go to zero by then!
Click to expand...
Here's a fun fact for you, there is $9 billion dollars of value in wrapped BTC (BTC on the ethereum blockchain) and there is only $100 million in the lightning network. That's a 90x difference!
 
DuuuncanHadaPigeon said:
buying BTC from my bank is not what I imagine, decentralized p2p digital cash should be (I mean this was literally satoshis vision)

what happens when the banks just buy up all the BTC on the market? They aren't going to put BTC in a pension fund when it regularly dumps 80-90%, even though it then hits bigger highs, its too volatile for a pension fund imo.

Ye, I mean if you had any solid arguments why HEX might do that I would maybe take you seriously, but you don't. All I need to do is post BTC vs HEX chart for last 18 months.
Click to expand...
the punters will want BTC exposure from their banks otherwise they will move to one that does.
these institutions have been hovering up all the bitcoin for at least 18 months already,do you think they are suddenly going to start offering it to customers and say "oh we better go and buy some now" lol
layer 1 bitcoin will be a store of value
layer 2 will be for payments and remittances
layer 3 will be lightning apps
there wont b a need for altcoins and alternative blockchains!
the SEC will declare hex a centralised security and a warrant will be issued for RH for tax evasion.
it doesnt matter whether you take me seriously or not we are all entitled to an opinion and thats mine!
 
nikom court said:
the punters will want BTC exposure from their banks otherwise they will move to one that does.
these institutions have been hovering up all the bitcoin for at least 18 months already,do you think they are suddenly going to start offering it to customers and say "oh we better go and buy some now" lol
layer 1 bitcoin will be a store of value
layer 2 will be for payments and remittances
layer 3 will be lightning apps
there wont a need for altcoins and alternative blockchains!
the SEC will declare hex a centralised security and a warrant will be issued for RH for tax evasion.
it doesnt matter whether you take me seriously or not we are all entitled to an opinion and thats mine!
Click to expand...
but BTC is supposed to be decentralized, why don't those punters just go buy it themselves, or does bitcoin need banks? Because you said BTC was here to replace banks?

there is 90x more bitcoin (wBTC) on the eth chain than there is in lightning so why would anyone want to use lightning?

That's fine to have an opinion, all I am saying is it is a baseless opinion. For example, do you know what the howey test is? why do you think it will be deemed a security?

This chart is from 16th April to yesterday

1629290837505.webp
 

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