Is the bad Fiat news the good news for Bitcoin..or is Bitcoin's slow transactions due to pickup... bad news - When Average Confirmation Times Hit Two Hours? -- on the country front... Spain Is Rumored to be ready to impose some fiat control like other countries....read deeper on the blog for more links in this regard.... Before you think that the blockchain will never compare to the speed of wire transfers.... It's already here.
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Crypto Links
We've been detailing the many reasons that Bitcoin seems to have an overall upward price pressure.... As 774 USD suggests .. IMO...if China restricts the outflow of BTC from it's shores or into non China exchanges...what BTC that is not in China would have even more upward pressure. Significant arbitrage exists already for those prepared to joust with exchanges and such.
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This man senses that India may be only 8 to 10 years from Bitcoin adoption.
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So... Russia's tax authorities now recognize Bitcoin as a monetary transaction. Threats against individuals and banks have been dropped. Yet another potential BOOM to bring folks in from the sidelines. And Norway's Largest Bank just made buying and using BTC easier for their customers.
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So...you've heard about the money some folks have made on ICO's over the past couple of years... here's a review of what to look for in Initial Coin Offerings.
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And for today's final read.... how about those free Subway Rides courtesy of hackers... demanding BTC.
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Click Here to gamble on the internet ... and Click Here for the best place to buy Bitcoin And Ethereum (at Coinbase)
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