There is news now that Bitcoin is now being accepted by Expedia one of the biggest travel sites which now uses technology accepts Bitcoin to revolutionize travel without using the worthless American dollar which is soon to be extinct due to the debt ceiling. The acceptance of Bitcoin as a currency I've been popping up everywhere from coffee shops to retail stores to purchasing real estate and Jewelry. Now there's Jewelers in New York accepting Bitcoin for high-end jewelry also you can purchase exotic cars using Bitcoin. Bitcoin will only increase the adoption and price cycle commonly referred to as a Satoshi cycle. Which means bitcoin price Rises more as people are Googling Bitcoin and mentioning on Twitter and social media websites all over the planet.
And then there was the groups of people who are Bitcoin haters mainly Banks and governments due to the fact that they can't figure out how they get tax you one perfect example is China just band initial coin offering. But that's not going to stop Bitcoin, what happened is Japan becomes the largest Bitcoin Market, as cryptocurrency Traders leave China and now China is trying to stop all the executives from leaving the country that were in charge of all the exchanges. Currently Bitcoin is in the midst of a software War due to the upcoming November hard Fork approaching when Bitcoin hard Forks the block size of the network becomes 2MB the New York agreement is currently being abandoned by multiple companies. If you want to read more on this subject here's a link below.
https://news.bitcoin.com/bitcoin-software-wars-discussions-heat-up-as-november-hard-fork-approaches/
I believe that Bitcoin will continue to Skyrocket due to it's acceptance and being used as a currency and the mass adoption worldwide making it Unstoppable.
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The fact that there was the first Atomic Swap yesterday is another huge breakthrough for cryptocurrencies in general and bitcoin in particular. In my mind, this makes the idea that it is money more viable.
As for the USD, I disagree that it will go extinct because of the raising of the debt ceiling. They have been doing this for a long time and the USD is still with us. This is an instrument that will be around for years. Fiat isnt going anywhere, it just has competition now (or soon will).
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Fiat definitely has competition now
Yep and my bet is still that it comes in the form of LTC.
Is it any surprise that Charlie Lee was involved in getting the first atomic swap to work?
The guy is amazing.
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