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Bitcoin is dead, it doesn't work, it's only about the blockchain! by penguinpablo

View this thread on: hive.blog |  peakd.com |  ecency.com
bitcoin · @penguinpablo ·
$13.98
Bitcoin is dead, it doesn't work, it's only about the blockchain!
## Meanwhile...
Bitcoin price is pushing higher and nears $1250 at a 30-Day high!
![](https://steemitimages.com/DQmfJSXQwSwpJWNBBjP2Gz9437snmZ8jvdvCH4Js9HSxfZu/image.png)

## Meanwhile in Japan
#### [Japan is Set for Massive Explosion in Bitcoin Acceptance](https://cointelegraph.com/news/japan-is-set-for-massive-explosion-in-bitcoin-acceptance)
Japan is set to for a massive explosion in Bitcoin acceptance. This is after a new law that authorizes the use of digital currency like Bitcoin came into force on April 1, 2017, the text of which was released by Japan’s Financial Services Agency on March 24, 2017. The way is now clear for Japanese merchants to start accepting Bitcoin at stores to make purchases.
*Read more: [cointelegraph.com](https://cointelegraph.com/news/japan-is-set-for-massive-explosion-in-bitcoin-acceptance)*

<center>https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png</center>

## Meanwhile in Russia
#### [Russian Government to Legalize Bitcoin by 2018](https://bitconnect.co/bitcoin-news/521/russian-government-to-legalize-bitcoin-by-2018-to-prevent-money-laundering)
The Russian government is planning on legalizing Bitcoin by at least the end of 2018 by providing various regulatory frameworks for users, businesses and organizations.
*Read more: [bitconnect.co](https://bitconnect.co/bitcoin-news/521/russian-government-to-legalize-bitcoin-by-2018-to-prevent-money-laundering)*

<center>https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png</center>

## Meanwhile in India...
#### [Bitcoin to Gain Legal Status in India, Reports Local Media](https://www.cryptocoinsnews.com/bitcoin-gain-legal-status-india-reports-local-media/)
A televised news report from CNBC India on 20th April reveals that the Indian government is leaning toward granting legality to bitcoin and virtual currencies in the country amid regulations with taxes to be levied on adopters.
*Read more: [cryptocoinsnews.com](https://www.cryptocoinsnews.com/bitcoin-gain-legal-status-india-reports-local-media/)*

<center>https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png</center>

## Meanwhile in Venezuela...
![](https://steemitimages.com/DQmQrJtp4Ysu2mMXxYR5A2tcsTNTiuXMhA5Kn3EFMi4PqpY/image.png)

<center>https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png</center>

## Meanwhile on CCN.com...
#### [A Billionaire says he has 10% of his money in Bitcoin and Ether](http://money.cnn.com/2017/04/20/investing/mike-novogratz-bets-big-on-bitcoin-ether-blockchain/index.html)
Billionaire investor Mike Novogratz is betting big on digital currencies like Bitcoin and Ether.
"Ten percent of my net worth is in this space," Novogratz said at a forum held at the Harvard Business School Club of New York Wednesday. He declined to say exactly how wealthy he is, but he's a former hedge fund manager at Fortress Investment Group and a Goldman Sachs partner who made the Forbes billionaire list in 2008.
*Read more: [CNN.com](http://money.cnn.com/2017/04/20/investing/mike-novogratz-bets-big-on-bitcoin-ether-blockchain/index.html)*

<center>https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png</center>

<center>![](https://steemitimages.com/DQmedmCWPgPnt1VunnLJF2ZkRvtxpy8Qr69pgHdtQj61xfP/image.png)</center>


---
<center><sub>*This is a 100% Steem Power post!*
Β―\\___(ツ)____/Β― *Don't miss out on my next post! Follow me @penguinpablo*</sub></center>
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 107 others
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vote details (171)
@ap100 · 
I honestly believe that we have seen nothing yet and there is a long way for bitcoin to go and when passes a problem it gets more stronger. Other coins are trying to go the same way but until now there is a good competition between some of them.
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@automaton · 
Just wait til banks start lending against it...
πŸ‘  
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@bilbop · 
Thanks for the most recent world view on bitcoin. Now I wonder if the oompa loompa are now mining BTC : D
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@cassidyandfranks · (edited)
Just wait for "Fiat Paper Money is Dead"

Let's see who is smiling and laughing then?

:p
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@craig-grant · 
nice
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@drago18121996 · 
please I am jobless let me have my utopia! :D
πŸ‘  
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@mckenzie259 · 
I think it's still going to do well but some of the new coins are  going to make bitcoin a run for its money
πŸ‘  
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@lightsplasher · 
I think your right, Steem included.  Seems like there are plenty of transactions to share.
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@mckenzie259 · 
I agree brother
πŸ‘  
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vote details (1)
@nbtafelberg · 
Yeah I think there's a site where you can see all the obituaries to Bitcoin. It's quite hilarious. I love the way different countries are making it legal currency but I wonder if this is a step towards governments trying to take control and failing to understand exactly what they are dealing with.

For Freedom!
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@sassal · 
If the block size stays the same and adoption explodes for Bitcoin, transactions will end up taking DAYS to go through :\ This will turn people off incredibly quickly.
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@penguinpablo · 
Yes, true. The scaling debates takes longer than a year now. A solution is necessary before mainstream adoption.
πŸ‘  ,
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vote details (2)
@sassal · 
From what I've seen, that solution is Ethereum :P
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@srinijaani · 
Sir, You are an author !! Interesting read !!!! Salute
πŸ‘  
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vote details (1)
@penguinpablo · 
Thank you sir :-)
πŸ‘  
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vote details (1)
@steemspoker · 
What about China @penguinpablo ?
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@penguinpablo ·
$0.07
When Bitcoin hits $1500 I expect China to ban Bitcoin for the 463528th time.

https://i.ytimg.com/vi/Ry6PpRXk0dQ/maxresdefault.jpg
πŸ‘  , , , ,
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vote details (5)
@steemspoker · 
Hehehehe LOL
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categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit/0.1"}
created2017-04-21 15:40:12
last_update2017-04-21 15:40:12
depth3
children0
last_payout2017-04-28 15:40:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length12
author_reputation15,605,077,130,466
root_title"Bitcoin is dead, it doesn't work, it's only about the blockchain!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id3,073,236
net_rshares0
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