Bitcoin might be the biggest issue of our era?
The mind boggles at the myriad ramifications.
Link: https://amp.cnn.com/cnn/2024/12/04/tech/bitcoin-100k-trump-hnk-intl
Replies to: Bitcoin might be the biggest issue of our era?
People are paying $100,000 for some code that was gifted to some guy eight years ago
For having his computer do some pointless calculations that allowed similar codes to move tortuously slowly among several other computers.
The only thing the Bitcoin blockchain can do is push bitcoins around the world. Inefficiently. It is a crappy facilitator of mindless speculation.
Sigh
This is exactly what detractors said when it breached $100, $1,000, $10,000….and exactly what they will still be saying when it rises to $200K, $300K, etc.
The detractors will still be smug with their principled opposition while the mindless speculators will be too busy counting their money.
Good luck, Nigel.
I don't begrudge anyone a profit. Just get the fuck out when the worm finally turns, as it will.
Thank you
I am more of a casual observer with a modest holding. I understand the arguments on both sides. Is this another tulip bulb frenzy? Who knows, but I don’t take it for granted that ‘the worm will turn’, as you say.
Yep, it is. Popular with your crowd though.
Almost half of America bought into the Orange grift this time around, so it clearly has a future.