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Old 09-18-2017, 07:32 AM  
BlackCrayon
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Join Date: Jun 2003
Location: Ottawa
Posts: 19,631
Quote:
Originally Posted by onwebcam View Post
If you actually watch the video he says the blockchain is the value and the "visa of the chain" doesn't really hold the value. You don't own a part of the blockchain holding bitcoin. You own a symbol of the blockchain. Grant it people have to use the coin to use the blockchain but he contradicts himself there.

Also the fraud transaction statement doesn't fly. If someone cons you out of bitcoin your bitcoin is gone forever. Zero chance of recovery. He actually meant counterfeiting.

Puting the two of those together he mentions it would cost you $30 billion to duplicate.. Again a false statement. It's being duplicated in altcoins/ICO's almost daily. Large corporations are building their own blockchains as well.

The future is in blockchain ownership. Bitcoin is the .com of crypto.


https://www.cnbc.com/video/2017/09/1...hit-25000.html
.com is the top extension and only getting stronger. these new gtlds are dying out already. lots of people dropping them and even .brands are abandoning them.
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