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Original thread:
Post 8 made on Friday November 13, 2020 at 17:44
andrewinboulder
Select Member
Joined:
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August 2003
1,518
Yeah, I'm not looking into it for the mining side.  It's all speculation. Although nothing is certain, I see Bitcoin and the associated blockchain products coming as a potential massive wave which will slowly devour the traditional financial system.  As the say, "software is eating everything".  The banks are very tasty main course on the menu in the next 10 years.

One example of the changes this year:

Cash App generated $1.63 billion of bitcoin revenue and $32 million of bitcoin gross profit during the third quarter of 2020, up approximately 11x and 15x year over year, respectively,” the publicly traded payments firm wrote in its Q3 investor letter published Thursday at the market close.


Even JP Morgan Chase sees it potentially coming:
[Link:
fortune.com]


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