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I have no interest in defending tether but that article says that their T-bill holdings are custody by Cantor Fitzgerald. Wasn’t one of the conspiracy theories around tether that nobody could find desks they are trading with? So since Cantor says they custody the t bills for tether, does that...

they take money and pay no interest (stable coins just stay at 0, hopefully) and invest in things that pay interest… you know like a bank

IMO, the sooner we get people like bitboy away from crypto/bitcoin the better. These people do us no favors

Pekelo! Something we agree on :) bitcoin def isn’t tho

Bitcoin is currently worth 470BB (more than JPM the biggest bank in the world) this isn’t my opinion

please show data on how litecoin has less downtime than bitcoin. You can’t just say these things.

you are so self centered that you don’t find ANY value for anybody around the world in a network that can’t be hacked, has 100% uptime, never closes, 100% permissionless where you can money value for basically free? good luck

There are a lot of use cases for bitcoin. For westerns like (presumably) us the main use case right now is transferring value on a network nobody controls, nobody can shut down, nobody can censor you, achieve final settlement in 10 minutes, all for extremely cheap. But for many places around...

well this weekend I moved 50k worth of bitcoin on a Sunday. It settled in 10 minutes and it cost me less than $1 and that’s doing the transaction on the base layer. If I would of down or via lightning, with would be been a few cents. Does this count?

Ummm what??

It’s 100% stable from a credit risk standpoint which is the point here

I really don’t think the Fed cares where bitcoin is at all do you really believe that?

be honest… You said something similar many year ago but instead it was “Personally I see it fluctuating between $15 and $30. If it gets anywhere near $30 you should sell.” And now you are saying it will never make a new all-time high literally 1000x higher in price, what a joke

This is a weird and confusion fight you guys are having. Honest question for those that never think $69,000 bitcoin will be eclipsed why do you think that? It’s certainly possible I’m just wondering why people have that opinion and what has changed to make bitcoin unable to recover like all...

I hope binance doesn’t fail but honest question why would anybody use them at this point?? it seems all risk and no reward

why is this time different than every other time bitcoin was proclaimed dead and a new ATH was never to be eclipsed? maybe it is different this time (certainly different monetary policy environment), do you have any other theories?

do you have a source for that 30 minute block?

If*

Of there is a bitcoin plunge protection team I wish they were a little better at their job!