Comments on: Bitcoin Q&A: Microfinance & streaming money https://blog.bc.game/bitcoin-qa-microfinance-streaming-money/ All Things BC.Game, Bitcoin, Cryptocurrencies, & Blockchain Tue, 20 Aug 2019 14:34:58 +0000 hourly 1 https://wordpress.org/?v=6.4.14 By: Coinmarket SWOT https://blog.bc.game/bitcoin-qa-microfinance-streaming-money/#comment-72742 Tue, 20 Aug 2019 14:34:58 +0000 https://blog.bc.game/2019/08/20/bitcoin-qa-microfinance-streaming-money/#comment-72742 I'm really sad to witness this poor audio/visual video quality for this high quality of information.

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By: DumDumDev https://blog.bc.game/bitcoin-qa-microfinance-streaming-money/#comment-72743 Tue, 20 Aug 2019 14:34:58 +0000 https://blog.bc.game/2019/08/20/bitcoin-qa-microfinance-streaming-money/#comment-72743 So he says basically the Banks now a creating there own demise. I can transfer money for free from me to any person I know. From bank to bank. No one talks about this. He constantly talks about the guys in third world countries and the bank in their hand. They don’t have any money to put in a bank do they? First thing needed is to correct that or this whole idea goes in the trash.

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By: M K https://blog.bc.game/bitcoin-qa-microfinance-streaming-money/#comment-72744 Tue, 20 Aug 2019 14:34:58 +0000 https://blog.bc.game/2019/08/20/bitcoin-qa-microfinance-streaming-money/#comment-72744 Blockchain is a dinosaur. time to die.

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By: Alexandros Timotheou https://blog.bc.game/bitcoin-qa-microfinance-streaming-money/#comment-72745 Tue, 20 Aug 2019 14:34:58 +0000 https://blog.bc.game/2019/08/20/bitcoin-qa-microfinance-streaming-money/#comment-72745 The main task of central banks is to modify the money in circulation in order to calm and prevent boosts by reducing cash and then supoort the economy when in crisis by increasing money supply. Bitcoin and other cryptocurencies have a steady supply regardless of the cycle of the economy. This inability to modify the supply of cash in circulation is what obliged us to abandon the gold standard. Therefore while blockchain may revolutionise the backbone of money exchanges i do not see how it would allow cryptocureencies to take over and replace banks and central banks.
Moving to bitcoin would essentially cripple any innovation we have done to prevent crisis since the avandoning of the gold standard.
I am sure i must br missing something in my logic as someone must have thought of this allready. Could you please explain to me where the flaw is in my logic?

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By: Positive Guy https://blog.bc.game/bitcoin-qa-microfinance-streaming-money/#comment-72746 Tue, 20 Aug 2019 14:34:58 +0000 https://blog.bc.game/2019/08/20/bitcoin-qa-microfinance-streaming-money/#comment-72746 IOTA

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By: Gestet Ner https://blog.bc.game/bitcoin-qa-microfinance-streaming-money/#comment-72747 Tue, 20 Aug 2019 14:34:58 +0000 https://blog.bc.game/2019/08/20/bitcoin-qa-microfinance-streaming-money/#comment-72747 @7:02 "Being rich means you never touch a cell phone" ~Andreas M. Antonopoulos

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By: itsShowtime007 https://blog.bc.game/bitcoin-qa-microfinance-streaming-money/#comment-72748 Tue, 20 Aug 2019 14:34:58 +0000 https://blog.bc.game/2019/08/20/bitcoin-qa-microfinance-streaming-money/#comment-72748 Finally, another video! Thanks for the upload!

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By: lil mayo https://blog.bc.game/bitcoin-qa-microfinance-streaming-money/#comment-72749 Tue, 20 Aug 2019 14:34:58 +0000 https://blog.bc.game/2019/08/20/bitcoin-qa-microfinance-streaming-money/#comment-72749 Had to skip first half of the video, that sound was murdering my head ; ;

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By: Combat Nerd https://blog.bc.game/bitcoin-qa-microfinance-streaming-money/#comment-72750 Tue, 20 Aug 2019 14:34:58 +0000 https://blog.bc.game/2019/08/20/bitcoin-qa-microfinance-streaming-money/#comment-72750 Now Blockchain is also changing the Job-Market. Just google BLOCKLANCER.
An awesome project! Already thousands of people are following on
twitter & facebook!

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