johnsonlambo

3 ms·

1.
by johnsonlambo 4y ago
That does not matter. If you bought at the peak in 2017 you would have had to wait 3 years later to come to equal and you would have been down 75% at the low in 2020. I would not consider this a store of value whatsoever. You are literally
2.
by johnsonlambo 5y ago
Surely that is why btc is more heavily concentrated in the hands of its top 10% holders than real estate, stocks, and gold. Delusional though process you have here where a couple people own btc worth millions/billions/trillions an
3.
by johnsonlambo 5y ago
You can't reason with an addict. This person is so embedded in their belief that all energy output is better utilized mining btc than any other endeavor. Forget about directing the energy back into the powergrid to power cars, phones,
4.
by johnsonlambo 5y ago
This can be done with current dollars on a screen, the thousands of different cryptos out in the ether, gold, etc. Some take less energy and some take more. Then they can be converted for work, a service, goods etc. This is not new or solel
5.
by johnsonlambo 5y ago
I know too many people who aim to become millionaires off of btc and then move to countries without cap gains tax. I feel their sentiments are held by a large constituent.
6.
by johnsonlambo 5y ago
To say crypto isn't being inflated by behind the scenes players or right in your face players for a matter of fact is wishful thinking. Look at how bitfinex and tether operate. Artificially pumping the price of bitcoin by purchasing wi