Bitcoin News - Russia, Japan, Robinhood & the Apocolypse

in bitcoin •  7 years ago 

This week's news from Bitcoinland - Teaching your kids to survive the apocolypse, Russian church doesn't like Bitcoin, and Robinhood app bringing major competition to Coinbase.

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7 years ago by

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      ·  7 years ago 

    Good read here: Nassim Nicholas Taleb on bitcoin and how it could save us from “an Orwellian future” https://buff.ly/2nlGRdK

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      ·  7 years ago (edited)

    I think it's hard for bitcoin to come back to old strength. There are so many new projects out there and a lot more people realise that distributed ledger technology can do much more than being "just" a peer-to-peer cash system. 50% is possible but old dominance like 80% seems way too much imo.

    One question about Robinhood: Does it really work like Coinbase? I've read different things:

    1. You can't withdraw/deposit the bought cryptos.
      So it's actually another trading platform and no competition to Coinbase.
    2. You can withdraw but not deposit
      to avoid laundering.
    3. You can do both
      withdraw and deposit - like in Coinbase

    What's true? I can't test it because I'm not able to download the app in Germany.

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      [-]
        ·  7 years ago 

      Just saw dtube don't use the markdown from steemit. whoops

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        [-]
          ·  7 years ago 

        Everything you have heard is absolute bullshit. I personally have robinhood downloaded and crypto trading isn't available to absolutely anyone as of yet. There is a rigorous identity verification process they're going to go through to defeat laundering so they will be able to buy/sell like coinbase and there is also well over a million people signed up for the robinhood crypto trading platform so they're in the works for scaling to accommodate for the new massive flood of new users they will be receiving. That is the current stance. If you'd like please feel free to check out my videos and leave a comment on one I'f you want me to do a whole breakdown video on the upcoming robinhood crypto exchange!

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