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It seems bitcoin mining energy usage comes up from time to time. I shared this video on a different thread. 6 minutes from the point of this video for anyone who cares about this topic "Highly profitable use of energy that is location-independent"

https://www.cnbc.com/2021/03/01/bitcoin-btc-is-at-a-tipping-point-citi-says.html PUBLISHED MON, MAR 1 20217:38 AM ESTUPDATED MON, MAR 1 202112:27 PM EST Ryan Browne@RYAN_BROWNE_ SHARE KEY POINTS Bitcoin could one day “become the currency of choice for international trade,” Citi said in a...

Thank you for the congrats. Sorry I was not very clear, I already cashed out the bitcoins to US $ and the 6 figure bank account balance cannot fluctuate anymore. The Tesla EV purchase is already made and the US $ for the purchase is already in the bank, but Tesla is an odd car company, you...

We're having a miscommunication here. I noticed you didn't look into your analogy of early internet companies and crypto companies/people having banking/financial system issues. Early internet companies did not have banking/financial system problems What I meant that Tether has no value to me...

Let me ask the question back to you, why do you think any of the early internet companies would have any banking relationship problems? Did you ever hear of Amazon or Pets.com having banking problems? Please inform us Now, I told you PayPal, Visa/MC and banks blocked crypto transactions in...

It's all good, RedDuke, we'll never be able to change each other's minds re: bitcoin fwiw: At about the 12 minute mark, there are excuses to why Bitfinex and Tether came to be shady and untrustworthy. I can relate and have experienced the issue Many years ago, bitcoin and cryptos were shunned...

From the Cato Institute: https://www.cato.org/sites/cato.org/files/2020-07/Good_Faith-vs-Bad_Faith-Arguments_or_Discussions.pdf From Google:

RedDuke, you said you listened to the video. This post of yours is Layer 1 and Layer 2 arguments. Please do not cross to Layer 3

You did not listen to the youtube video I sent you on an earlier post? Here, I start it at the section that's relevant to your delusion. Please listen for 10 minutes from this point https://www.cato.org/sites/cato.org/files/2020-07/Good_Faith-vs-Bad_Faith-Arguments_or_Discussions.pdf

Fiat is losing value. MSTR used the $250M they had in cash reserves last year to buy bitcoin (replace treasury reserves with digital asset bitcoin) The value of the bitcoins purchased have gone up a lot Cost of borrow of fiat is cheap. They issued senior convertible notes (went over...

Microstrategy bought another billion $ worth of bitcoins, so....

You're very welcome, Sprout! We're all in this together It's very gratifying to read that. I was not able to convince anyone in person over many years, lol

Will do! Michael Saylor is great for bitcoin "He graduated from MIT in 1987, with a double major in aeronautics and astronautics; and science, technology, and society."

It's my super power. I don't trade on leverage on cryptos, since they are practically like call options with no expiration. I read on twitter many leveraged traders long and short were liquidated the past 2 days.... I sleep well at night and portfolio is doing well and at a level that is...

The reason you think it was a waste of time is that there is nothing that will convince you that your Tether fud belief is wrong What you fail to acknowledge is that whether you know it or not, you're grasping at a straw (Tether will get shutdown by the US government) that just broke. Remember...

That's quite a leap, but let me embrace that. You do understand that this means there's no longer a bitcoin existential risk from Tether, no? case closed icymi, a nice video here https://elitetrader.com/et/threads/bitcoin-price-thread.315402/page-305#post-5331759

All the years of Tether fud ended with a fizzle = $18.5M fine and no tether trading in NY It's time to move on or is there another lawsuit?

https://www.thestreet.com/investing/new-york-ag-shuts-down-bitfinex-and-tether-trading-in-state

been acquiring btc since yesterday at prices higher than $50K, lol, granted value is coming from eth and other eth cryptos It's all good, btc will be higher than $100K within 6 months...