Forget Iota (MIOTA), VeChain (VEN) Owns the Internet of Things
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Our civilisation is heading for a change in the economy the like the world has never seen in its entire history. Economists, bankers, financiers and Governments all know this. After the financial crash there was no turning back.
It basically proved that human-beings simply can not bitcoin products iota trusted to run the economy because they simply can not control their own greed. Things had to change because the world can not afford another crash again because next time it would be times worse. This still could happen and if it did it would be financial armageddon. Mass unemployment, mass starvation, cilvil bitcoin products iota and possibly civil war. After the crash no one knew how to fix the mess or even had the will.
So everyone just tried to ignore it or went on hoping it would get better even though they knew it was only going to get worse. Talk about the blind leading the blind straight over the edge fiscal cliff. Then came Bitcoin and the idea took off right under the noses of the so called financial experts.
Bitcoin was ridiculed but so are all great ideas in the beginning. I don't see so many experts laughing anymore. The financial elite has begun to see their power seriously under threat. Only three years ago Jamie Dimon would never have even mentioned Bitcoin considering it as not being worthy of his time. Now he goes around the world attacking it. This only proves that Bitcoin is working. Bitcoin is forging the path for the future but IOTA will own the path and create new ones. If we went back years, gold, silver, peals and even rare seashells, were used as a form of economy.
But then came the idea of paper money because gold and sliver were too heavy to carry. Bitcoin is like the gold and silver but IOTA will be like the paper money. I remember Chris Ellis of ProTip once saying: That was a clue to the bitcoin products iota the Crypto-technology is going to do just that.
I think of it like those bumps in the road outside a school to force people to slow down. Putting signs did not bitcoin products iota. So we put in bumps and selfish individuals were forced to do the right thing. Sadly this selfishness in human-beings is what has led to the need to re-invent money. To create a new kind economy to stop people like Jamie Dimon and his bankster friends from manipulating the economy so that it is just for the crooked elites.
Governments and Bankers hate Bitcoin because it embarrasses them. They are embarrassed that they did not think of it themselves and we the people adopted it without their permission.
We are doing quite fine without you thank you very much". My gut instinct tells me that bitcoin products iota will bitcoin products iota to some kind of backlash against the crypto world.
Many laugh at this but I don not. I mean, honestly, who has ever defeated the state? So what are the Governments and the bank choices? Well they could not only ban Bitcoin but all crypto currencies. However, this would not only be almost impossible to police but possibly cause a backlash against governments on an unprecedented scale.
After all, there are billions of dollars involved now. It would also open the door to poorer countries such bitcoin products iota s Africa to adopt Bitcoin making them grow rich. Oh no we can't have that: Banning cryptocurrency is not practical. Therefore it is more likely they would make people pay for a "license" and tax it to death. This would also have consequences that could damage the government.
Could they create their own Bitcoin? I am certain many Governments are looking into this. I know ny own Governmnt here bitcoin products iota Norway are talking about an ecoin which, as I understand it, would work similar to that of Monero, only more transparent I guess. Bitcoin products iota Government created bitcoin products iota would have the law behind it and the sheeple would be forced to accept it.
But then any Government doing this would set off a chain reaction around the world for other countries to create their own. I recently heard rumours of China looking into this now. But then we would be back to the beginning again of having numerous economies all fighting for dominance. And bitcoin products iota would mean bitcoin products iota US Govt would have to let go of the mighty dollar and that seems unthinkable.
Whatever the case, the powers that be will not go down without a fight and we all now that bitcoin products iota the people fight their Governments it is never pretty.
No one is really sure what will happen but history shows that there has to be some sort of economy. Meaning, a way for people to interact with a form of portable transferable bitcoin products iota of value. Bitcoin products iota believe Governments will eventually realise they will have to let go of the control of money but find other ways to "manage" civilisations instead of wanting "power" over them.
In the very near future, and for the first time in history, machines are going to take away most of out jobs and therefore join in with the economy. Autonomous Machines and Ai machines will pay their own bills to other machines as bitcoin products iota as to us humans. And we humans will pay our bills to machines as well as to each other.
In a world like this there needs to be a mutual token of value everyone and every THING can agree on. And who do we know has always had a bitcoin products iota contact with the car companies?
This is the beginnings of the quantum internet. At this stage in the game, only IOTA would be capable of working in this futuristic world. Therefore it seems logical, IMO, that Governments would join with the car industry, jump onto the quantum revolution and choose IOTA as the base economy and thus sweep the rug from under Bitcoin. How much do I believe this.? What I write is merely my own thoughts from my own life experience. If you like what I post you are welcome to follow me so you bitcoin products iota read more.
You could also give me a friendly upvote to help motivate me. It only costs you a click. And don't forget, every time you vote, part of the money goes back to you. So its a win win situation. A warm welcome back in advance. I really should invest in some IOTA while the price is so low but Bitcoin looks like it is going to the moon just now. Be careful it will probably retrace soon-ish And I don't even bitcoin products iota 1 satoshi yet!
The problem was that they couldn't solve the problem of the double spend. Satoshi did that bitcoin products iota linking encumbrances using SHA to generate a network effect for confirmations. In the process the middleman became bitcoin products iota. How do you invest in Bitcoin products iota I saw the white paper bitcoin products iota the site but it looks like it's and ICO at this point. Yes you are right. I can just about remember about that bitgold.
I wa not so interested in the economy in those days but yes you bitcoin products iota quite right. And of course that is what lead to Satoshi working on the double spend problem. The will see it as "not losing face". Politicians are egotistical creatures and will now wish to concede to bitcoin.
It is the "sending" of the coin that is actually the mining of the coin thus cutting out the middle man miners Miners can in some sense manipulate and control when and how much it will cost you bitcoin products iota send a coin. This cant happen with IOTA. I think it will hold steady for a while. It might go down a little while Bitcoin is going through this bitcoin products iota fork but then it will rise again.
I think it will have a bit of a boom in the spring and summer of next year. If it goes down more still I will buy even more. Is it more a case of you should use one rather than you need one? Ah yes perhaps you are right. I forgot the US are spying on its citizens and the banks are quaking in their pants over Bitcoin.
I live in Norway, freedom is perhaps more respected here I dont know. I can not give you an answer about that just now but I will do some research on it as it is a good question and one that bitcoin products iota answer should be shared if bitcoin products iota has not been already.
I know one or two clever tech guys on here whom I can check with. I would not worry too much as yet. Traders dump their altcoins to ride the Bitcoin train and then they buy back their alt coins while they are cheap and then the price goes back up again.
