π US SEC approves bitcoin ETFs in watershed for crypto market π
(www.reuters.com)
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Fuck bitcoin. If you canβt hold it, itβs 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 - itβs nothing - just a made up code. What does it do, represent something else? Another fiat?
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 donβt have a βmicro-chipβ - without a microchip - you have no BTC.
My point was that there is more value in metals than BTC.
βIt's an energetic form of value. It takes tremendous amount of power to produce BTC.β Can you elaborate? Something that consumes energy is a form of value?