"If goods don't cross borders soldiers will" - Frederick Bastiat

"If goods don't cross borders soldiers will" - Frederick Bastiat

The quote above by Frederick Bastiat should be in the forefront of the Brexit negotiators minds,and whilst it has no direct relevance to Cryptocurrencies they are an indication of the way things are going because the currencies are border-less. Bitcoin and similar are the same or will be soon in every country in the world thanks to the internet.

Even pets are getting in on the act -

Image credit International Business Times

Dogecoin  pronounced Doggie-Coin is a new Cryptocurrency alternative to Bitcoin for dog and pet lovers…

What started as a joke meme featuring a likeness of the Japanese Shiba Inu dog to mock the frenzy surrounding Bitcoin, has turned seriously serious into a Bitcoin type alternative currency because of the unexpected growth in interest and followers.

It now has a listing on Bittrex and other Crypto exchanges symbol(doge) with a fast growing capitalization, US $188 million July 2017 but subject to big price volatility, reflecting the uncertainty with Bitcoin and all the new Cryptos.

With over 800 'Me Too' crypto startups  trying to imitate Bitcoin, there will be many big price jumps and falls, successes and failures, before the markets stabilise revealing the survivors for the long term.

Because Cryptocurrency is electronic, using the internet computers and smartphones for transactions, is international, borderless, anonymous, and the world is full of dog lovers, then Doge coin stands a very good chance of continuing its unexpected transformation from a joke dog meme to an international currency.

It’s already accepted at many stores to purchase everything from leashes to an animal DNA test kit… or you could use it to pay for a “dogsitter” when you go on vacation.

Cryptocurrency ATMs are already appearing in shops - see image - There will be pressure on petshops to accept dogecoin for both payment by smartphone and using Crypto tokens issued by ATMs

Image credit  Agora Financial UK Ltd

The pace of change is astonishing, but progress cannot be halted. The Crypto  Genie is out of the bottle.

The best place to learn about Cryptocurrency is at the coal face (No pun intended - err bitcoin is mined - coal face) Join Steemit. Earn and Learn. - http://steemit.com

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