Bakkt announces the consumer focused payment app with Starbucks, Bitcoin options coming in December, Monero gets a frown from Germany, Cardano looks into ZK snarks, and China is going crazy for blockchain!
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29 COMMENTS

  1. I personally wouldn't want to buy anything with a volatile asset like BTC. With a time window of about 15 years I'd rather swing trade BTC on higher time frames to build my position. I've never bought anything with crypto yet but when I do it'll be with a stablecoin as more merchants are turning to that option. Then there's the tax headache of reporting all those coffee purchases when fiat would've been the easier choice. We still have a long way to go to make the whole experience much more user friendly.

    As for China I'm wary of them entering the crypto arena for we may be witnessing the dawn of a brave new world where anyone with an unpopular political opinion could, with a few keyboard taps, be deleted from the financial system. The New World Order kind of stuff happening in China sends a chill up my spine. Their foreign policy approach reminds me of Theodore Roosevelt's but instead of speaking softly and carrying a big stick China smooth talks you with a lot of smiles then backstabs you with a chopstick. They're screwing a lot of poorer nations- think African ones- into unwittingly helping it spread its surveillance/military apparatus.

  2. Cardano is exploring adding more things before they will be ready to add more things before they will be ready to finalize this stage of what they're doing or blah blah blah maybe they need to start another separate but related foundation then they'll be able finally be a coin that does something or blah blah blah my name is Charles Hoskinson I am God just believe me.

  3. First I'd wait until Bitcoin is $200k and see at that time if it's worth converting to USD. I just want to deposit enough money to cover bills for life (not fancy cars or vacations). My house and cars are paid off so I just have utility bills to pay, oh and never having to cook another meal. If volatility settles down in 5 yrs or so, I am happy to spend it as crypto but otherwise I'd like to convert some of my holdings into USD in a traditional bank so I have both options covered.

  4. Interesting, I wonder how long a tx will take, especially if it's BTC.
    They can't go wrong by looking at what Sylo have done with their messaging/payments/wallet app. Running on the Centrality ecosystem, it enables seamless interaction between other apps on that platform.

  5. I’ll just keep using my wirex card… spend crappy fiat and earn 0.5-1.75% cryptoback… get cash back every time (to put back in your account and recirculate it) and stack those Sats… spend £50, get cashback aswell of £50… that’s £100 total spend… which will get you £0.50-£1.75 in Satoshi’s… put your £50 cashback back in your account to do it over again ??

  6. Btc is my savings. Now whay i would ever spend it on coffee or similar stuff.
    I would spend to buy house or things that provide value. Buying unassery things with Btc is super dumb in my opinion.

  7. The CrypTOP LARocKs
    Awe$UM! Bitmain 2 issue IPO in U.S.
    As yet 2 b able to buy n2 crypto currencies – a BIT hard to grasp the steps, although still trying 2 become self educated – so can catch the IPO on Bitmain and the Chinese Avalon or ticker symbol KAN (?) you mentioned upon IPO in the U.S.
    Supposing that means IPO on the stock market ?! Right ?
    Wanted 2 buy 2 or 3 BTC at $7.4K.
    Also wanted 2 buy ADA, MONERO, XRP and OTH (!) = OTHers!
    Guess I'll self educate myself on how 2 invest in these IPOs.
    Probably would buy BTC, even at $9.4K, still IF I can figure out how…….
    Going 2 watch Ivan On Tech now.

  8. China's not looking to build a blockchain to run there new digital economy. They already have it.
    Neo & Ontology. Re spending crypto!! I would spend daily if i was being paid weekly in crypto
    Great video thanks.

  9. will never spend BTC cause it's my gold. Will use cash so that the shop don't know who I am or perhaps use a stable coin like BUSD for coffee. I don't want to be known as the guy that paid $100 or $1000 for coffee with BTC. Selling tether just incase it gets ceased. The managing style of China will push a new coin while other chinese coins becomes obsolete.

  10. In my opinion, two things must happen if this crypto to buy coffee thing is going to work. Bakkt must have some way for this not to be a complicated tax issue AND there must be a financial incentive for your regular person to hassle with using Bitcoin to pay instead of the very easy to use fiat

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