#88 Hyperbitcoinization + SEC Meeting, Overstock, Google, & Byzantium Metropolis

in bitcoin •  7 years ago 

If Hyperbitcoinization (or when it happens), could be ignited by debt tsunami of China's $40tn credit bubble. In the United States, the SEC will be streaming next months "Online Advisory Committee Meeting" on Blockchain Technology. And Overstock's CEO Answers Jamie Dimon’s Bitcoin Criticism, while his company, JP Morgan Chase, is still posting job ads for "Technical Blockchain Managers".

So, how is new SEC leadership connected to Bitcoin & the last financial crisis? Why is Jamie Dimon & JP Morgan Chase sending a mixed message about Bitcoin & Blockchain tech? And if the Fiat music stops, will the Bitcoin stampede begin?
Let's Discuss!

=== Show Links ===

https://coinmarketcap.com/
https://www.reddit.com/r/Bitcoin/comments/712f07/how_realistic_is_hyperbitoinization/?st=j7ryc8tr&sh=89637bd2
http://nakamotoinstitute.org/mempool/hyperbitcoinization/#selection-79.12-79.94
https://twitter.com/TuurDemeester/status/909925913923526657
https://cointelegraph.com/news/sec-will-stream-online-advisory-committee-meeting-on-blockchain-technology
https://cointelegraph.com/news/lawyer-at-firm-advising-winklevoss-twins-tapped-as-secs-etf-regulator
https://cointelegraph.com/news/columbian-law-professor-robert-jackson-named-new-sec-commissioner
https://www.sec.gov/rules/other/2017/33-10412.pdf
https://cointelegraph.com/news/overstock-ceo-patrick-byrne-answers-jamie-dimons-bitcoin-criticism
http://bitcoinist.com/mixed-messages-fly-as-jp-morgan-posts-job-ad-for-blockchain-technician/
https://www.reddit.com/r/Bitcoin/comments/70wqiy/mixed_messages_fly_as_jp_morgan_posts_job_ad_for/?st=j7rnxb6m&sh=dcb866f3
http://jobs.jpmorganchase.com/ShowJob/Id/65514/Technical%20Project%20Execution%20Manager%20%E2%80%93%20(Blockchain)%20Distributed%20Ledger%20Technology
https://developers.google.com/web/fundamentals/discovery-and-monetization/payment-request/deep-dive-into-payment-request
https://www.coindesk.com/ethereums-next-hard-fork-now-officially-tested/
https://www.reddit.com/r/Bitcoin/comments/7129q7/im_sending_informative_letters_to_atleast_100/?st=j7rntdna&sh=1a452cfe

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TuurDemeester Tuur Demeester tweeted @ 18 Sep 2017 - 23:43 UTC

Hyperbitcoinization (if it happens) could be ignited by unwind of China's $40tn credit bubble. Fiat music stops, Bitcoin stampede begins.

Disclaimer: I am just a bot trying to be helpful.
  ·  7 years ago (edited)Reveal Comment

Very interesting, and good points. I think the whole event was a slow moving train-wreck, which yes, did start in 2007. Check this out: https://docs.google.com/spreadsheets/d/1bPpcmmKR9iZ9dcOFL9vCQQWZlcPx05hAG4U0GeOc1Lo/pubhtml;single=true&widget=true&headers=false#