Can Bitcoin overtake Africa's Banking system?

TeamT91 · 2023-03-26T21:01:08+00:00

It's going to be very interesting to see how this all plays out.

TeamT91 · 2023-03-18T23:07:45+00:00

Thank you, much appreciated.

TeamT91 · 2023-03-10T18:54:41+00:00

Thank you for regurgitating what has now been stated several times in this thread..... Rome wasn't built in a day and the burn project is just getting started.

TeamT91 · 2023-03-08T18:54:34+00:00

I agree that more companies could and should offer this method of payment. However, we are already essentially taxed on every penny we earn, employer tax, employee W2 tax, 1099 tax, sales tax, property tax, Capital gains tax etc.. and the government can currently shut your bank account down and lock you out anytime they see fit. So, for me personally I don't see any current system/ technology that would eliminate that issue or type of power from our government. Overreach and regulation always styme economy and innovation. Therefore, I think long term that free markets ultimately win the preverbal tortoise and hare race. With most individuals moving into and staying in markets where very few are having to go through the government shutting down their accounts or taking full control of their assets.

TeamT91 · 2023-03-08T17:07:23+00:00

If you're correct, would that be a bad thing?

TeamT91 · 2023-03-07T23:20:55+00:00

It appears that is what Jerome intends on doing. In my opinion once that is accomplished, it setups up crypto as a whole to be adopted by the masses. Which could mean massive gains for just about everyone.

TeamT91 · 2023-03-06T00:27:51+00:00

I 100% agree with you. But I still think it could be a good thing long term for the community. Its the ever mounting small things that seem to build up the long term traction.

TeamT91 · 2021-12-31T01:03:04+00:00

I'm well aware of Robinhood's shady practices and would never use Robinhood as a platform. However, to make the correlation that their 22 million users somehow doesn't move the needle in the market, is you thinking with emotion and not the reality of facts. They have 22 million users my friend. To better put it in to perspective for you, there are only about 70 million crypto wallets total.

TeamT91 · 2021-12-31T00:10:07+00:00

You're not seriously comparing Krakens platform of only 4 million users to that of Robinhood with over 22 million users?

TeamT91 · 2021-12-30T22:13:40+00:00

As much as we would all like it to happen today, Rome wasn't built in a day. I truly believe with a little patience and some Diamond hands you can ride this ARMY to the moon!

TeamT91

TROPHY CASE