Bitcoin may be out of control of the cabal, or it may not be. The CCP owns and mines the most Bitcoin.
Bitcoin is not backed by anything. While it takes value to make (energy) it has no intrinsic value. You can't use a Bitcoin to make anything else, even in the digital world (unlike say, silver or gold). Every Bitcoin transaction is traceable from cradle to grave (especially by an outfit like the NSA or any other government equivalent).
I admit it is better than the Oil-dollar in many ways, but it has many, deep, deep flaws. I personally think its a honeypot.
Well, it wasn't Musk that bought Bitcoin, it was Tesla (a potentially important distinction?). It was also only $1.5B, not $20B. Nevertheless I agree, Musk remains ever enigmatic. I still retain hope for him. We shall see.
Or it could be a honeypot.
Bitcoin may be out of control of the cabal, or it may not be. The CCP owns and mines the most Bitcoin.
Bitcoin is not backed by anything. While it takes value to make (energy) it has no intrinsic value. You can't use a Bitcoin to make anything else, even in the digital world (unlike say, silver or gold). Every Bitcoin transaction is traceable from cradle to grave (especially by an outfit like the NSA or any other government equivalent).
I admit it is better than the Oil-dollar in many ways, but it has many, deep, deep flaws. I personally think its a honeypot.
any idea what Elon Musk was trying to prove by losing like 20billion in bitcoin? i cant figure that guy out
Well, it wasn't Musk that bought Bitcoin, it was Tesla (a potentially important distinction?). It was also only $1.5B, not $20B. Nevertheless I agree, Musk remains ever enigmatic. I still retain hope for him. We shall see.
Did he sell it when it dipped? If not, then he's made quite a bit of money as its up roughly 8K/coin since he purchased.
that every time he wants to prove he's smart to his handlers he fails