đź‘Ź US SEC approves bitcoin ETFs in watershed for crypto market đź‘Ź
(www.reuters.com)
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Fuck bitcoin. If you can’t hold it, it’s not yours.
Why do you say fuck BTC? We know the advice is to hold it, which isn't hard to do. So not sure what your point is fren.
You cant hold it - touch it. It only existences inside a computer, as long as there is electricity. It has no intrinsic value. It does nothing - it’s nothing - just a made up code. What does it do, represent something else? Another fiat?
How’s this any different than any stock?
While Bitcoin is all digital, the value for it is completely legitimate.
What makes gold valuable PRIMARILY?
What makes BTC valuable PRIMARILY?
What does “privacy” mean with BTC?
How is BTC stored? On a server? Can a server be seized?
You dont see any othee primary value in just Gold (excluding other metals?) Electrical conductivity, thermal properties, antiseptic properties. The fact that it makes up part of the microchip that the BTC exists - perhaps it has more value than the BTC itself, considering it gives it life.
It doesn’t even need energy to exists once it has been mined and really, small scaled mining (panning) doesn’t take much human energy.
Jewelry isn’t really a practical use in my opinion.
It's an energetic form of value. It takes tremendous amount of power to produce BTC. Every form of money/currency has NO intrinsic value except what we give it. We call things valuable bc they're scarce or beautiful etc...but only Life has intrinsic value imho.
There's more to BTC then meets the eye. Looking at it just as money is limiting yourself to all the possibilities.
Without Gold, Silver and or Platinum you don’t have a “micro-chip” - without a microchip - you have no BTC.
My point was that there is more value in metals than BTC.
“It's an energetic form of value. It takes tremendous amount of power to produce BTC.” Can you elaborate? Something that consumes energy is a form of value?