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RE: The Steemit Daily Dose: What do you think a Bitcoin will be worth in 10 years and why?

in #bitcoin • 9 years ago

Everything you mention in your video makes sense; there is no argument.
Except:
What if mining crypto becomes the new arms race?
I can see RU wants to devote their extra electrical power, to mining.
And CH already dominates, as you mention...
And so the US response to this would be?

I think you can see where I'm going here. US is well known for having super computers devoted to many things. They live underground; there is no public budget devoted to this, and it exists.

9 years ago in #bitcoin by
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     9 years ago 

    The US response is to keep the USD as the reserve currency for as long as possible. The PetroDollar must go on! And if bitcoin challenges that the USA launches a virus to destroy the bitcoin network as it did to Iran centrifuges. Notice Israel who like the USA leads the world in tech is not also a leading btc miner.

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     9 years ago 

    It is better for developed countries

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     9 years ago (edited)

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       9 years ago 

      I believe China has the worlds largest supercomputer, but a quantum one will be a huge leap ahead. I think the US will win the race on this one ... maybe?!

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