Isn't this basically the case with github now? i.e all the cryptos have their code public on github so if I wanted to start mining, I'd have to go there to get the code
968 karma · joined May 11, 2011
Though in the longer run, assuming the network stays up (I see no reason why not), I also think it would strengthen the case and we'd see prices continue to climb.
How do you view sovereign wealth funds?
What happens if the government forbids owning crypto in that situation?
My best guess would be capital flight. Anyone with any money, in crypto or not, would immediately start to look at options to get money out of the country.
Many governments just haven’t realised this and will learn the hard way.
I hear this expressed quite a lot and there's certainly some truth here. I think it can be quite misleading though.
Many good ideas also just sound like pretty good ideas and turn out to be great businesses. Not every idea has to be completely crazy sounding. Perhaps this is even more true in B2B software / boring industries.
VCs and Accelerators are incentivised to encourage the craziest "moonshots" because that's how they make money. If you're just looking to get rich selling software you don't need to go to mars.
On the high end, it's easy to see that figure reach 20-30%. At the entry level of the market though, there is still so much pent up demand for housing I personally can't see any significant falls, just growth flatlining.