Cryptocurrency Home Page -- August 7, 2021

Updates

June 18, 2022: the next cryptocurrency to watch -- Tether. Some say if Tether fails, Bitcoin comfortably gets cut by another 50% by early next week. Next thing to watch: Tether blocks redemptions. Link here.

April 12, 2022: Cryptocurrency power demand cryptocurrency estimated @110 TW hours/year, roughly equiv energy draw of Malaysia or Sweden, AND growing. Crypto power demands up 20% since the start of 2022. Link here.

August 7, 2021: City of Williston to allow virtual utility payments including Google Pay, Apple Pay, and cryptocurrency. Williston Herald, May 12, 2021; updated June 21, 2021. Link here. Link here.

Original Post 

At the sidebar at the right, I have a link to "The Next Big Thing."

The original post is dated March 21, 2013. The series began with my interest in Netflix.

This will be the home page for cryptocurrency. 

I don't understand cryptocurrency.

I don't understand how a refrigerator works either.

At our family reunion we have some very, very knowledgeable software, information technology folks.

Something came up, which I won't go into now, but has cleared my mind on cryptocurrency.

Cryptocurrency, to some, is a religion: you either "believe" in it or you don't.

The question I asked our group: will cryptocurrency be mainstream twenty years from now or will it fade away? (Are you a believer or are you an atheist?)

Last year, I was a non-believer. Cryptocurrency would fade away.

One half hour ago, I was agnostic. 

Now, I am a believer. 

Cryptocurrency will be mainstream twenty years from now.

It all comes down to "winners" and "losers."

The "losers" will be the big banks, the "Fed," the central government. Let's keep this simple.

The "losers" won't roll over easiliy. And they may win. The jury is still out. 

I am a believer. I believe cryptocurrency will be mainstream twenty years from now.

There are "winners" and "losers."

Right now, the would-be losers are in control; they won't allow cryptocurrency to become mainstream. At least they won't roll over easy.

So, how does this shift? How will the "winners" (who are now in the minority) become the majority. 

I don't want to go into it now because it's too juicy, but something happened this week that might have been the tipping point. I don't see it as the tipping point but it leads to what the tipping point would be. 

That's all I'm going to write now. Sorry for trolling; sorry for teasing. 

I'm only posting this for the date-time stamp.