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Author Topic: BTC going mainstream  (Read 439 times)
jackofspades
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April 02, 2013, 04:03:44 PM
 #1

http://finance.yahoo.com/blogs/daily-ticker/bitcoin-prices-blast-100-driving-speculators-wild-150415225.html

Here is an article form today.

It was on CNBC last night and this morning...

Congress and the banks know about it and made a ruling in mid march...

It's only a matter of time before it truly goes mainstream.
What is the definition of 'mainstream' though?
Is it a percentage? A majority?

More importantly is it good that it becomes mainstream...when and if it does?
It is starting to be recognized by the media.
A national or perhaps global awareness of BTC may be great to drive the price up
but it could also cause governments to become 'jealous' and regulate or at least attempt regulation
which would inevitably drive price down, especially if BTC was made illegal and even if it wasn't enforced
i think many people would become deterred by the illegality factor of BTC.

-Jackofspades
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Kazu
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April 02, 2013, 05:11:01 PM
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If nothing else, the fed's reaction to Bitcoin going 'mainstream' would have good entertainment value

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