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In reply to the discussion: Bitcoin is close to becoming worthless [View all]TexasBushwhacker
(20,148 posts)65. As would I
I just wondered if they sold any of their holdings when it started to take a dive this year.
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That's about right. Give me real cash anytime instead of make believe, ponzi scheme, internet coin.
brush
Dec 2018
#44
I'm going to assume it means something along the lines of decreasing the complexity of the
xor
Dec 2018
#17
I've heard it explained to me multiple times and it still sounds like the dumbest thing ever.
Tommy_Carcetti
Dec 2018
#12
It's worth what people believe it to be worth, which is true for just about anything
Major Nikon
Dec 2018
#51
You essentially trade it to other investors who give you "real" money for it
localroger
Dec 2018
#50
Link to Casey Research? I thought they were a RW research firm - why in bitcoins?
erronis
Dec 2018
#29
Not really a "firm", just a far right wing nutbag selling paranoia to other RW nutbags
Major Nikon
Dec 2018
#52
since the blockchain records everything, it's a pretty poor mechanism for those things
JCMach1
Dec 2018
#57
Not quite. Gold and silver actually have uses. Bitcoin has no intrinsic value. n/t
pnwmom
Dec 2018
#55
The author is a RW Cato Libertarian type who signed onto their letter attacking Obama
Celerity
Dec 2018
#47
Bitcoin serves a purpose. But idiots with too much money and too little knowledge
Azathoth
Dec 2018
#71