Source: https://www.zerohedge.com/news/2018-01-12/bitcoin-dying-payment-option
Let’s answer their rhetorical question of Bitcoin dying as a payment option — with a question?
How much was the value of Bitcoin up in 2017 ....1200%.
How much was the US Dollar DOWN in 2017 .... @ 6% down
So I hope Bitcoin really continues to die as a payment option with this type of return :-)
Ok...I will answer the question. Bitcoin’s issue is addressed in 1 to 2 yrs when the Lightning Network is 100% implemented. Please tell me how or when the US Fiat Dollar issue is fixed ?????
Hello.....I am hearing crickets?
So let’s turn the tables — is the US Dollar dying as the Global Reserve Currency???
Why yes it is....shocking. Maybe there can be some truth shared with all about how China, Russia and many other countries WILL NOT be using US Dollars for oil trade ....hmmm.
Did anyone see the reaction yesterday when there was story that China would be buying LESS US Treeasury’s? The whole US Market when into shock.... the market was down 200 pts early...interest rates spiked UP.....US Bonds tanked. IF the US Dollar situation was sooo solid this would not have been the case — and yes the dollar continues to fall today.
Can somebody explain what happens when the World needs LESS Dollars??? The answer is they come home to roost and we are swamped with “hyperinflation” and the dollar does not buy what it did before.
The dollar has been falling hard lately — did you notice gas prices spike? That is becuase Oil is priced in dollars...as the dollar tanks it costs more as the gas pumps. That is called INFLATION.
I should not be so hard on the media. There clearly needs to be a transition and you can’t expect a flash cut over to cryptos when all is not ready.
I guess what I get made about is “the bad guys” will do anything to get users to dump the their BTC and LTC ...whatever it takes according to their mafia rules. So stories like the above get printed to create more FUD.
A picture is a 1000 words...this is all you need to know..tell me below isn’t the truth :-)
