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Author Topic: [2014-09-04] “If You Don't Have a Bitcoin Strategy, You Will Regret it in 5 Year  (Read 1080 times)
epere (OP)
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September 04, 2014, 04:03:16 AM
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http://cointelegraph.com/news/112428/if-you-dont-have-a-bitcoin-strategy-you-will-regret-it-in-5-years-fran-strajnar-bravenewcoincom

Fran Strajnar is a serial-entrepreneur. After having done the corporate circuit with some of New Zealand’s leading tech vendors as a BDM or Project Manager, he decided to work for himself and began experimenting with his own business ideas which included a bio-chemical startup as well as some dabbling in the electronic cigarettes market.

One of his latest ventures in the pipeline is BTM Ltd. – a company that focuses on brining Bitcoin ATMs to New Zealand. He is also the founder of bravenewcoin.com, a popular Bloomberg-type resource for cryptocurrencies. Additionally, Fran is the organizer of Bitcoin South, the first ever Cryptocurrency conference in New Zealand slated for November 29-30.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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September 04, 2014, 05:54:55 PM
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It sounds like his main thesis is that businesses should be ready to incorporate Bitcoin and blockchain technology over the next few years or either fall behind or get pushed to the side. As one reads the title, there's really no content talking about holding BTC and the price ramifications over the next five years but I'm sure there's underlying implications involved.
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