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/biz/ - Business & Finance


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11982210 No.11982210 [Reply] [Original]

$2,000,000 by 2020

Apologize right now. Image related

>> No.11982215

>>11982210
Numbers like that are only possible if USD goes through hyperinflation and BTC is adopted as world currency. Not saying it won't happen, but probably not so soon.

>> No.11982220

>>11982210
Bakkt isn’t going to happen, the SEC already said they aren’t comfortable with security of Bitcoin assets.

>> No.11982229

>>11982215
My polynomial fit tells me otherwise

>> No.11982241

>>11982210
Yes goy, we will bakkt your bitcoins and allow you to trade derivatives.

>> No.11982243

>>11982220
Did you see their presentation? $1000 EOY, literally stealing money

>> No.11982248

>>11982210
How is bakkt any different than coinbase institutional?

>> No.11982258

>>11982210
BTC price EOY?

>> No.11982262

>>11982243
Yup, it’s pure bull crap.

>> No.11982270
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11982270

>>11982210
>Store of value

>> No.11982275

>>11982210
This artwork alone gives me libtard vibes. Seems to be extremely hyped but doesn't seem to have a whole lot to offer. Will it offer any markets other than BTC? I get the feeling this is mainly being shilled by Corecucks and BTC bagholders.

>> No.11982278

>>11982210
Did you watch their presentation during the Coindesk conference?
Bakkt is all about taxation and surveillance.

>> No.11982303

>>11982248
In a sense, exchanges are platforms that accept bitcoin. You can use bitcoin with certain companies that accept it, or with the dark market. Well BAKKT will be the first futures / derivative market for bitcoin that accept physical bitcoin. The volume generated by BAKKT will represent real bitcoin volume.

Now BAKKT is also trying to be more than just a futures market. It also intends to be some sort of medium for digital asset custody and exchange.

Here is a quote from Starbucks site:
“ Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges, clearing houses, data and listings services, announced today that it plans to form a new company, Bakkt, which intends to leverage Microsoft cloud solutions to create an open and regulated, global ecosystem for digital assets. The new company is working with a marquee group of organizations including BCG, Microsoft, Starbucks, and others, to create an integrated platform that enables consumers and institutions to buy, sell, store and spend digital assets on a seamless global network.“

https://news.starbucks.com/press-releases/intercontinental-exchange-announces-bakkt-a-global-platform

>> No.11982346

>>11982275
Bakkt is designed to serve as a scalable on-ramp for institutional, merchant and consumer participation in digital assets by promoting greater efficiency, security and utility,” said Kelly Loeffler, CEO of Bakkt. “We are collaborating to build an open platform that helps unlock the transformative potential of digital assets across global markets and commerce.”

As the flagship retailer, Starbucks will play a pivotal role in developing practical, trusted and regulated applications for consumers to convert their digital assets into US dollars for use at Starbucks,” said Maria Smith, Vice President, Partnerships and Payments for Starbucks. “As a leader in Mobile Pay to our more than 15 million Starbucks Rewards members, Starbucks is committed to innovation for expanding payment options for our customers.”

>> No.11982489

>>11982346
>Starbucks
So is it something that will take place on Lightning?

>> No.11982505

>>11982489
I wonder. I feel like it's possible they will provide other alternatives, but LN could work, r-right haha

>> No.11982516
File: 14 KB, 333x293, 1514291726264.png [View same] [iqdb] [saucenao] [google]
11982516

bitcoin over 6k : muh bakkt muh institutions
bitcoin under 4,3k : muh bakkt muh institutions
bitcoin under 3,6k :
bitcoin under 3k:
bitcoin under 2,5k:
bitcoin under 2k:
bitcoin under 1,5k:

lmao kekekekekeekekkekekekekekekekek

>> No.11982527

>>11982215
>usd is the only currency in the world
imagine being THIS dumb