and say you go to the bank and they tell you "okay you're 1 billion in debt"

and you hand them a flash drive with your bitcoins

you think they'll go "oh cool, you're all settled"

or does the state say "dafuq am i supposed to do with this?"

lol

😛

OK

I feel like if inflation did hit 100%, we would have a lot more to worry about than our outstanding debt

like going to a store in venezeula and paying with Russian Rubles

or going into an american store and pay with Zimbabwe money

they're just gonna say "lol, no"

That already exists @Dr.Wol

Coinbase is fdic btc

The banks are already stacking btc

Morgan Stanley.. other.. fidelity.

Large firm JP Morgan bought an exchange for some billions

U may have heard of them. IDK..

I heard the fdic also said they wanted to regulate it

Funny tho cuz they bought at the peak of the market lol

Let's see it @Dr.Wol

for a quick google search:

https://www.cnbc.com/2018/01/18/regulate-bitcoin-but-dont-ban-says-former-fdic-chair.html

And lets be honest,

If they can't regulate it (which i doubt they can)

Do you expect them to go "Oh well, lets just let it loose"?

Or that they'd go "we can't control it, so lets just get rid of it"

its government we're talking about, you ever heard of a government just going "yolo" over something it can't control?

Look, i'm willing to admit Crypto is looking pretty sweet,

But people talk about it like its more divine than Jesus to devout Christians,

But remember, people said the same about the Ipod

And every person I've ran into that advocates it like its the messiah itself,

Also ended up wanting to sell me bridges

Legacy Govt can be replaced with this technology

Just my opinion.

I hope it will

I like the dream, but until it actively starts overtaking the world in large numbers, not just crypto-circles

It will just be a dream

That's the opportunity steem provides it will take some more years .

well, more power to it then 😄

A lot of normal people joined already and don't understand how it works

that's not very smart

Quite a pain because the network allows everything

But what can you do. Block chain engineers are not always good at explaining shit well .

make it more user friendly i guess 😛

That's what I'm building with our team

Other people in the network too

people in general are bad at explaining, cuz they do it wrong

engineers try to sell the "What"

You gotta sell people the "Why"
Sell them your vision

Thousands of developers and creators n stuff.

Yeah the vision is key

It's innovative in the form of social interaction , cuz u can earn or lose money thru comments. But people often only hear.. earn money