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Fatman

Joined: 08/18/1998 Posts: 22295
Likes: 5833

What's this?

Good question


I think BTC is at least 3-4 things.
-a hedge on US printing money and devaluation of the $
-the currency of choice for criminals everywhere.
-a threat to the dominance of the USD. The US Govt has become quite good at using their position of power with the default global currency to dole out various sanctions. Not sure how they do that with BTC.
-an extremely dirty(eg not green) form of currency.

I’m surprised the US Govt has been so passive in its opposition to BTC, it would be appear to be the biggest loser as BTC gains traction.

I’m also surprised that Mr Green(musk) is getting a pass for supporting such a energy intensive form of currency.

(In response to this post by MrBayAreaHokie)

Posted: 03/07/2021 at 8:55PM


+2

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