πΊπ°π Jamie Dimon lashes out against crypto: βIf I was the government, Iβd close it downβ πΊπ°π
(www.cnbc.com)
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Dan PeΓ±a said Bitcoin was started by Putin...I believe him more than some obscure Japanese story full of holes and mystery.
Bitcoin is already obsolete because it's purposely slow in order to work and, there are limited coins... there's almost no more to mine or whatever the phuck that horseshit even is...As far as crypto goes, there's way better technology than BTC.
Anyway, what's it backed by again? Nobody seems to be able to answer that little tidbit. I mean, a beanie baby collection could ultimately be worth more.
The whole damned thing is a sham for schmucks that go out in public in their pajamas.
I'll keep stacking my PM, ammo, drinkin liquor and all the crap people might actually trade for when the power goes out and your wallet is, to use the phrase incorrectly, like the rest if the world, "out of order" πππ
BTC requires electricity to create it.
Mining certain scarce resources out of the ground requires some form of energy -- electricity, diesel, etc.