The US dollar looks like a shit coin from crypto's perspective
- 27 trillion in circulation
- unlimited supply cap
- only 1 node
- 1% of holders own 30%
- 25% supply minted in the last 6 months
- 38 million notes printed every day
- loses at least 5% of value every year
@maxkeiser what do you think about Tether being backed by only 3.8% USD? Tether is 80% of bitcoin's growth. They are printing like the fed. Maybe Tether is the FEDππ€π€
@Bane8Green @CryptoWhale He's got to make up the money he lost shorting bitcoin in July of 2020π±π±π¬π¬π¬π€£ππ€£ππ€£ππ€£ππ€£π
So the FT shares Cambridge data showing that 40% of bitcoin mining is renewable (twice the US grid electricity that youβre using to read this). At what threshold is it no longer βdirtyβ? 80%? Why hold bitcoin to a higher standard than Netflix?
https://t.co/yVXsKmXxSH
@alphatweetz8 @TheCryptoLark Where can you learn about puts? I only started investing back in 2017. Never done anything like that. Now just buy and hodl but would love to learn more ways to make money π° π€
Spoke with North American Bitcoin miners. They committed to publish current & planned renewable usage & to ask miners WW to do so. Potentially promising.