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good luck to them then. It will be over only from within work. Which is rapidly under way by the Fed of course.

term clean coal comes to mind …

just shows you the madness of crypto world. Something that has no purpose, not even really needed, wastes tons of energy turned $80 in 300 million. Madness that have never been witness ever in our history.

Big difference is that dollar enjoys reserve currency status. How long it will matter, no one knows of course

Things you mentioned are vital to our society. When you have BTC consuming more energy than Argentina, it is insane. Plus VISA can process 100,000 transaction in time it take to process 1 BTC transaction. Just to put things in perspective.

I would totally agree with you if you can explain to me its purpose/value. All of the things you mentioned are vital and changed our civilisation for the better, made us connected and let info spread more or less freely. I just can not see any real value in cryptos. If cryptos were to disappear...

absolutey. Exactly how I am approaching it as well. Do you mind sharing which ones you picked ?

not cynicism, just stats. Look at how many ex stars fail when they are in their own. Few do succeed no doubt.

a very likely outcome.

mans kill environment with insane energy use meanwhile. So far cryptos are so manipulated it makes central banks choir boys. Plus cryptos are great for criminals.

And we need all these projects, why???

what is your reasoning for this? I tend to agree, but curious about yours.

let’s hope this will not take place.

Wow, just wow.

exactly, it would not need to even be many. We will see how it all unfolds this year.

Until all of a sudden redemption wave hits. It may never do, but if it does, it will get very ugly super fast.

yep, that is why it is best to have orders at the exchange.

based on the report they released, they had like 4% cash, another 3% of other liquid assets., and the rest some commercial paper that was backed by crypto. Essentially they pushed BTC up and then used to as an asset that backed Tether.

Another interesting thing is that tether stopped printing for about a week now. Wonder why???

He blew up once spectacularly and seems he never learned his lessons. Good luck to those poor souls who buy these bonds.