Chatting to a taxi driver last night who tells me he has to pay £120 per week to be able to take card payments in his taxi. We then had to spend a couple of minutes manually typing the numbers into the machine. If only there were a quicker means of payment with lower costs of transacting 🤔

submitted by /u/everyonesastudent
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Bitcoin – The Currency of the Internet

For the price to remain the same, it means people (and institutions) are buying at least more than 12,000 BTC every single week.

I think many institutions are buying quietly before the next rally and before the next halving:

http://www.bitcoinblockhalf.com/

This is a great time to accumulate. The upside potential overweighs many times any downside risk. And with the stock market peaking, more money will start flowing into Bitcoin.

submitted by /u/simplelifestyle
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Bitcoin – The Currency of the Internet

If the Bitcoin price rises to over $1M, that would give ~100k bitcoiners “Ultra High Net Worth Individual” status (+$50M). With worldwide UHNWIs projected at only ~200k by 2022, this means the Bitcoin 1% could by then make up 30-50% of the world’s financial elites.

If the Bitcoin price rises to over $  1M, that would give ~100k bitcoiners "Ultra High Net Worth Individual" status (+$  50M). With worldwide UHNWIs projected at only ~200k by 2022, this means the Bitcoin 1% could by then make up 30-50% of the world's financial elites. submitted by /u/Bitcoin_21
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Bitcoin – The Currency of the Internet