Blockchain is Dangerous Nonsense

[long]

There are, and will be, myths which abound going into eternity.
Humans excel best as bullshit artists, everyone gets conned.

Silver has the highest electrical conductivity of all metals and cheaper. In fact, silver defines conductivity - all other metals are compared against it. On a scale of 0 to 100, silver ranks 100, with copper at 97 and gold at 76.

Due to cost, gold is not frequently used as a conductor.

My reply was meant for this comment

 

[johnarb]

- Crypto scarcity? There are more than 20.000 crypto b.s coins out there and growing.

Bitcoin scarcity

I don't deny the use of that technology for databases, special records..etc , but not as money. It can serve as another speculative vehicle, with more risks..if you lose your keywords, you're done, remember?

You're not responsible enough to keep a secret safe, you do not deserve bitcoin the asset

 

[semperfrosty]

I’m too lazy to look it up. Is that 2.74% referring to the world population? Or is it referring to the world money supply or something?

Current data:

Number of Global Bitcoin Owners 219 million According to a Crypto.com study

Percentage of Global Bitcoin Owners 2.74% Based on figures taken from a Crypto.com study (219 million people globally)

Number of US-Based Crypto Owners 67 million According to a Coinbase study
Percentage of Americans That Have ‘Heard’ of Crypto 88% According to a Pew Research study

When you hear Crypto investors say 'its early',this is why.

 

[semperfrosty]

Current data:

Number of Global Bitcoin Owners 219 million According to a Crypto.com study

Percentage of Global Bitcoin Owners 2.74% Based on figures taken from a Crypto.com study (219 million people globally)

Number of US-Based Crypto Owners 67 million According to a Coinbase study
Percentage of Americans That Have ‘Heard’ of Crypto 88% According to a Pew Research study

When you hear Crypto investors say 'its early',this is why.

And,directly at you @long,and for your info:

Only 1 million wallets in the entire world hold more than 1 Bitcoin.

That is in the best performing asset in the world at the moment.

There is an extremely rare opportunity to be a 20%'r.

Even on this site,there are '5 coin' owners that I know of.

Shilling is not my style,but I encourage research.Once you understand everything,or almost everything,the decision is easy.

Once again,its not an all in proposition but an 'ease in and enjoy the journey' idea.

Best of luck as always.

 

[Frederick Foresight]

Yes, Bitcoin is the best money in the history of mankind, past present and in the future

 

[Frederick Foresight]

Absolute provable digital scarcity backed by the most powerful computing network that is still growing

600 million trillion hashes per second of computing power secures the Bitcoin monetary network

Even if you combine all of the data centers of Google, Facebook, Amazon, Microsoft, Apple and all the data centers in world, they will not add to anywhere close to that computing network

WTF does any of that even mean?

 

[Frederick Foresight]

When you hear Crypto investors say 'its early',this is why.

Because they want to create a market for their exit?

 

[Illini Trader]

Before Bitcoin, there was the Housing bubble. Before that, there was the Internet bubble. Before that, we had the Personal Computer bubble

And don't forget the other Bitcoin Bubble and the Bitcoin bubble before that, then the prior Bitcoin bubble, then the previous Bticoin Bubble even before that, then before that was the Tulip mania Bitcoin Bubble, then don't forget the Bitcoin Bubble when it went from 7 cents to a whole dollar. Yeah, such nonsense avoided by the really smart people.

 

[long]

And don't forget the other Bitcoin Bubble and the Bitcoin bubble before that, then the prior Bitcoin bubble, then the previous Bticoin Bubble even before that, then before that was the Tulip mania Bitcoin Bubble, then don't forget the Bitcoin Bubble when it went from 7 cents to a whole dollar. Yeah, such nonsense avoided by the really smart people.

Can we start calling you “bubbles”?

 

[johnarb]

WTF does any of that even mean?

Don't worry about it, you cannot understand as you do not have the background