Isn't that the option kicker though? Curious as a stand alone business w/out this optionality what the value is. Or maybe there is none? ..cause it's a not for profit currently ???
My take:
You need six months to a year of income replacement, available in cash somewhere.
If your day is driven by the looming need to earn money to live... Chance of success slim
it's not a bubble. it's a large ensemble of ponzi schemes. It appears to be a bubble perhaps but it's a thousand smaller bubbles floating in a sea of ponzi schemes.
And yes, Bitcoin is the biggest ponzi of them all
It would be interesting to know the volume of transactions for purpose of commerce relative to the volume of trades. That's the answer to if it's gambling or something else.
Guessing somewhere around 1/10,000 of a percent?
Interesting thread with the usual hashing out of views between the cultists and the common sense evangelists.
So it's been quite some years now, and can anybody point to a single use of this "technology" other than for enabeling these coins? And this despite a yuuuuge amount of investment, time...
"...The LME made a near-unprecedented decision. It decided to cancel all the trades that took place on Tuesday morning—$3.9 billion of them, according to a Bloomberg calculation. Exchanges sometimes cancel trades when technology glitches or “fat fingers” cause one-off mistakes. But it’s...