My personal attitudes toward Bitcoin:
2013 (first heard of Bitcoin): Wait... Looks like it's toy money. There's no way that this thing will take over the world
2017: Maybe this thing will take over but it's too expensive. Let's buy ETH instead
2021: If the governments continue to print money like no tomorrow, Bitcoin and other crypto will take over
I wonder what will happen in 2025...
2013 (first heard of Bitcoin): Wait... Looks like it's toy money. There's no way that this thing will take over the world
2017: Maybe this thing will take over but it's too expensive. Let's buy ETH instead
2021: If the governments continue to print money like no tomorrow, Bitcoin and other crypto will take over
I wonder what will happen in 2025...
https://www.nytimes.com/2021/03/01/technology/china-national-digital-currency.html
"But while Bitcoin was designed to be decentralized so that no company or government could control it, digital currencies created by central banks give governments more of a financial grip. These currencies can enable direct handouts of money that expire if not used by a particular date and can make it easier for governments to track financial transactions to stamp out tax evasion and crack down on dissidents."
"But while Bitcoin was designed to be decentralized so that no company or government could control it, digital currencies created by central banks give governments more of a financial grip. These currencies can enable direct handouts of money that expire if not used by a particular date and can make it easier for governments to track financial transactions to stamp out tax evasion and crack down on dissidents."
NY Times
China Charges Ahead With a National Digital Currency
The electronic Chinese yuan is now being tested in cities such as Shenzhen, Shanghai and Beijing. No other major power is as far along with a homegrown digital currency.
Average Bitcoin News
https://www.nytimes.com/2021/03/01/technology/china-national-digital-currency.html "But while Bitcoin was designed to be decentralized so that no company or government could control it, digital currencies created by central banks give governments more of…
Central bank digital currency is BS. Imagine some money that can expire and fully trackable and stoppable by governments
So Apr 14th, 2021:
1. Coinbase stock starts public trading
2. Crypto ATH
3. Madoff died
Today is a great meme
1. Coinbase stock starts public trading
2. Crypto ATH
3. Madoff died
Today is a great meme
Wait... Don't actually buy DOGE right now. It's dangerous to buy @ ATH
Reasons not to use Bitcoin:
2009: it can't and won't work
2013: it's only used by criminals and money launderers
2017: the price is too volatile
2021: it uses a lot of energy and is a environmental disaster
2025: the Bitcoin distribution is unfair
2009: it can't and won't work
2013: it's only used by criminals and money launderers
2017: the price is too volatile
2021: it uses a lot of energy and is a environmental disaster
2025: the Bitcoin distribution is unfair