Her word is now gospel
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Sell. Sell everything.
She’s the image of Linda Carter/Wonderwoman
Mother of god $40k. How much is that chunk, the law took off that dealer in Galway, worth now i wonder?
I think he still has that lost
Is that a Freudian slip (in it’s traditionally but incorrectly used sense) of a spelling?
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Sure.
She’s as posh as you like. You could take out 800 years of oppression on her.
Liberating
I have a very limited knowledge of Bitcoin so correct me if I’m wrong but isn’t it based on an encryption code that can’t be hacked, therefore no new Bitcoin can be produced or replicated but what if someone creates a technology that can hack it especially with the rate technology is advancing. Is Bitcoin basically a Ponzi scheme?
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The 6000 BTC are worth about 190 million euro now 
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They cracked sky. Bitcoin is next.
'hon Gupta
New bitcoin being created daily through mining. However there is only a maximum 21 million coins that can ever be created in total. Think at about 14m now but could be wrong.
When all produced, miners will still make their money by carrying out transactions on network.
Quantum computing seen as potential threat to cracking wallet encryption but quantum security likely to advance in kind so general confidence is won’t be an issue.
Ponzi scheme holds no true valuable asset. Need to get someone else in under to buy to keep incrrasing value. Bitcoin has asset in its immutable network. Every transaction is forever stored on a public ledger and can’t be edited or changed. Same network allows transfer of value in seconds with no need for 3rd parties. Network of miners has built in security that no one source can ever control more than 49% of network power so no one source can ever control or manipulate it say like a federal reserve/central bank. So wouldn’t agree with the Ponzi claims often thrown out.
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The risk to bitcoin is central banks/ governments deciding that don’t like it.
As long as a few decision makers own them, they should be safe enough.
The point she made in the article above is true though, what exactly is a currency? One paper I read argued that the thing that gives a currency value, is being able to pay tax with it. Gold, diamonds etc have an value ingrained in human psyche for thousands of years, and have been shown to be tradeable commodities throughout millennia and multiple catastrophic events. You can buy sex/prestige with them one way or another, which are fundamental drivers of greed. You can’t flaunt bitcoin the same way. It boils down to what people perceive to be of value. At some point bitcoin may become a quaint anachronism, of historical value only, either through fashion, or through being superceded by other govt backed cryptocurrency.
Until now, humans have always liked to see and touch currency. A bar of gold, a wedge of cash, whatever. Millennials, it’s all digital.
For me, it’s once you can buy land with it. That gives it concrete value.
I don’t think it’s going anywhere. We are living in times of such huge huge change though, that it’s hard to know.
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It’s a huge threat to central banks but really there’s fuck all.they can do about it. Regulations are brought in and needed but the horse has bolted for central banks on it. They inflationary effects of constantly printing cash erodes savings. This is why people look to stocks, gold and now bitcoin to ensure the rate of inflation doesn’t erode their savings
She made the point about intrinsic value which holds true for all currrency but she choose to ignore a key difference: the underlying assets of an incorruptible network underscoring this alternative as opposed to central reliance.
You can definitely flaunt bitcoin just like them! Have a quick search for lambo boys.
I do agree with you on land tho. As Tony Sopranos said outside the crack den “Buy land Anthony, they ain’t making any more of it”
I think the organs of state in the US could drive it so far underground it becomes effectively a novelty value only.
I doubt they’ll bother, unless they take a view on cryptocurrency in general.
If it starts hitting the tax take significantly they may well act.
That was tried. Now you are seeing States accept it as payment for taxes. It’s come a long way there and now even have strong and vocal advocates in the Senate.this no doubt furthered by big business ploughing behind it which has been the trigger for this massive price spike.
If you look at the historical value over the 15 year of existence , you can see the 4 year cycles. This spike will follow a huge drop in value. But the floor is going to be somewhat higher than before the spike and will climb again to find another all time high in another 4 years.
And so it is written. Or that’s all just a pile of pony I’ve spent too long typing!
Meanwhile in the UK the FCA issues a warning
He should have kept the password in a fishing rod.
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