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RE: Microsoft stops accepting Bitcoin as payment

in #bitcoin6 years ago

Thanks for the post @acidyo.

I do not see then giving up on crypto simply for the fact that we are going to see it in the hands of so many in the future. We are entering the Cryptocurrency 2.0 realm which is a different arena than what we are use to. People are going to be accumulating 25-50 tokens in a few years doing the things they are doing now...just they will be compensated.

For this reason, companies will accept cryptocurrencies of all different kinds. Personally, I believe that there will need to be some way to seamlessly exchange different tokens...I have a feeling the wallets will do this coupled with some type of atomic swap system.

Back to bitcoin, it amazes me that with all the developers on the bitcoin blockchain, they havent solved the basic problems they are operating under. You would think that they could figure it out. I believe they will...it just might be at a time after Bitcoin lost its position on top.