VanEck says Bitcoin could hit $4.8M if it became the global reserve asset

[Pekelo]

think of all the things that have evolved and spun out of what once was just AOL chat rooms and porn sites.

Facebook chatrooms and more porn sites.

So far we have even more useless NFTs evolving from the original crypto space and I don't even want to live on this planet anymore...

 

[ph1l]

I love how it says "should arrive by April 5".... hahahaha

I've only used wise.com to send money from the U.S. to Thailand, and it appears to take a few seconds to make the transfer after the accounts have been verified.

 

[Heydrrich]

Good movie, but you do know there are no Bitcoins on any USB or hard drive

Bitcoins are on the blockchain

You should just steal over 1M Bitcoins owned by Satoshi

Call all your Mission Impossible x and Ocean x friends and you can have $50 Billion worth of Bitcoins

So now the governemnt is going to store their reserve Buttcoins on the blockchain aka the cloud. ETH runs 60% on AWS. So if Bezos decides to ship malicious software on his nodes, he can hoard all the buttcoin with 1 press of a button ?

Who is going to manage the 50bill seed phrase ?

What If a US buttcoin depot gets bombed by terrorists, and all the USB sticks full of crapto get destroyed , or the seed phrases for that matter.

 

[M.W.]

You keep on pushing those books, are you the author of either?

The books "The Bitcoin Standard" and "Layered Money" have a very good way of explaining the problem with money throughout thousands of years of human history over many empires

I don't think I can get you to read either of those books but maybe I can interest you in a short article

It does have reference explanation to Cantillon effect and Triffin's dilemma which I would highly recommend for you to read as well, but not necessary


https://blockworks.co/our-monetary-system-is-broken/

 

[M.W.]

Bollocks, open a USD account with any of the 5 banks free of charge and deposit your Usd into it and transfer or use the linked debit or credit card to directly pay for usd based online purchases without any exchange rate conversions. Problem solved.

I guess that would work but there are fees involved and I'm trying to move US dollars to the US, not Canadian pesos. You get beat up twice with the fees and the exchange rate.

I have a US dollar account with a Canadian bank but it takes 10 days or so for a cheque to clear as Canadian and US banks don't seem to want to talk to each other electronically.

I can see where blockchain could be implemented.

 

[M.W.]

And if it goes to zero you lost it all. 100%

It goes both ways.

A dumb majority is too emotional about investing in Bitcoin. Shit, throw 10K in a crypto account, and if it does get to $4.8M, you've made a million bucks.

HODL.

 

[M.W.]

You can always pay in cryptos to ride one of Elon's up and coming space cars.

Facebook chatrooms and more porn sites.

So far we have even more useless NFTs evolving from the original crypto space and I don't even want to live on this planet anymore...

 

[johnarb]

Facebook chatrooms and more porn sites.

So far we have even more useless NFTs evolving from the original crypto space and I don't even want to live on this planet anymore...

I asked you but you didn't answer, which one do you hate more, Pekelo, Bitcoin or NFT's?

I paid $400K for a Bored Ape so I now own your most hated crypto assets, whichever you pick

 

[johnarb]

So now the governemnt is going to store their reserve Buttcoins on the blockchain aka the cloud. ETH runs 60% on AWS. So if Bezos decides to ship malicious software on his nodes, he can hoard all the buttcoin with 1 press of a button ?

Who is going to manage the 50bill seed phrase ?

What If a US buttcoin depot gets bombed by terrorists, and all the USB sticks full of crapto get destroyed , or the seed phrases for that matter.

No, ser, Bitcoin and Ethereum are 2 different projects

Bitcoin core does not use a seed phrase, ser

Bitcoin is decentralized and does not run on AWS. Run a full Bitcoin node. Don't trust, verify

 

[johnarb]

You keep on pushing those books, are you the author of either?

I'm incapable of writing a book, so no, I'm not the author

Those books are to educate you on your question regarding "what does Bitcoin solve?" which you claim responses are changing the topic

Those books are full, 100%, extremely detailed answers

I've read many books as I told you on one one of my replies to you, especially on trading and speculation

I assumed you've read many books as well, so you would not be intimidated of a book recommendation and would jump at the chance to be informed on the subject matter

I guess you also did not read the short article on the bottom of my last post? sigh...