๐ US SEC approves bitcoin ETFs in watershed for crypto market ๐
(www.reuters.com)
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โOf course it has value. Iโm not arguing that. The simple fact it CAN be seized is my point. I will say though, BTC has out performed gold since it came into existence, and is far more valuableโ
BTC needs a device and an account to transact, correct? You can store it on a server if you want to physically put it somewhere, correct?
Is the wallet not hackable now or some day in the future? Perhaps hacking capabilities havenโt been revealed as the trust is being built in the technology and more people are being persuaded to join. Any device can be seized. Any account can be hacked. Nothing is safe on the web. Metadata alone reveals more than we truly know.
Thatโs another good point, itโs man-made. Man can make more. Man canโt make Gold.
The whole BTC technology seems like more of a trap than a future currency. Meanwhile, all these pop-up companies have been buying up gold for quite some time now.
I wanted to believe in BTC but I just donโt see it. Anything on the public exchange is there for manipulation. BTC out performing gold really means nothing unless you capitalized on the gains and turn it into something useful. The market is there for the sharks to play with the guppies. Itโs just a bunch of super-computers fighting for the best trade. Wait until they come for BTC.