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it is, and here's why:

Posted on: December 7, 2017 at 11:36:38 CT
phrejd KC
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the blockchain technology is the value, not the specific coin. the bitcoin blockchain is expensive right now because it's the most popular of the payment methods and people think companies and governments and financial institutions worldwide are going to adopt bitcoin as their default cryptocurrency.

they're not.

if/when companies decide to start using blockchain for their transaction needs, they'll build their own private blockchain network.

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MESSAGE THREAD

bitcoin ~$20,000 by the end of the day? - phrejd MU - 12/7 10:47:09
     How do you buy it? (nm) - TheWildcat STL - 12/7 10:59:56
          very carefully - phrejd MU - 12/7 11:01:11
               Do you have any?(nm) - TheWildcat STL - 12/7 11:03:58
                    i do. bought in june @ ~$2200 - phrejd MU - 12/7 11:06:56
                         So is that worth 10K? Seems like a bubble that - TheWildcat STL - 12/7 11:07:56
                              no it's worth $20k. but check back in 30 minutes because it - phrejd MU - 12/7 11:21:29
                                   It's not going to burst(nm) - TheShoe STL - 12/7 11:26:27
                                        it is, and here's why: - phrejd MU - 12/7 11:36:38
                                             I don't see governments allowing that to happen - TheShoe STL - 12/7 11:47:02
                                                  i'll walk away from this nonsense now (nm) - phrejd MU - 12/7 12:13:20
                                        My son has 4 - catbirdseat MU - 12/7 11:33:17




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