so it really is just another money in politics story. crypto and paypal have some things in common. the thing in favor of paypal is that it actually has a use whereas crypto is useless.
The only thing you need to know about crypto is that the total net gain is less than zero. It cost money to produce and the only money that anyone can get out of it is what someone else in willing to put in. There is no overall net gain. There is no economic benefit.
Is essential for a digital future we are building. The smart contract will replace legal, banking, financial, geo-political strategies. Gold has little usage
Crypto and AI mining is very energy intensive. Both were conceived around the early 2000’s. As was an Inconvenient Truth. So today, we’re in favor of nukes again, because of the energy needed to drive these things. How did we get duped??
Btc is essential for a digital future we are building. The smart contract will replace legal, banking, financial, geo-political strategies. Gold has little usage
Currency is only human to human contact where one human gives paper to another human with a government or legislative body that backs that paper regardless if the paper is backed by a commodity. Take a trip to Latin America and other countries where currency matters and human to human contact matters. The United States is so out of touch with humanity.
This is an atrocious report on Bitcoin. Charlie Warzel shockingly doesn't understand what he's writing about. He misses the use case (hard money that can't be inflated) and seems oblivious to the fact that our fiat money goes to zero over time.
you're in a cult! run! Bitcoin is the world's biggest scam. You can't create money out of thin air and expect its value to 10x 100x 1,000x - it's imaginary money that can't be used for anything (except buying pizza)
Thanks for sharing! Just a quick off-topic question: I have TRC20 USDT in my OKX wallet and I have the recovery phrase: 【pride pole obtain together second when future mask review nature potato bulb】. What is the best way to transfer them to Binance?
Your speaking on other peoples behalf you dont have any idea! unless they actually say that in person to your understanding without 100% intent from the individual making that clear its not accurate period its a opinion based of reflection or implied by you not from the person your speaking on behalf of in this video unless stated otherwise directly
I hope everyone realizes that if there is a private key hack, your crypto is gone. Blockchain it’s stupid as fckckkckkkk. Did you know if you want to buy a beer in El Salvador with bitcoin it takes 30 seconds to process a transaction. It’s so dumb and monetary policy doesn’t work with coins.
so it really is just another money in politics story. crypto and paypal have some things in common. the thing in favor of paypal is that it actually has a use whereas crypto is useless.
You disagree that some of our most intelligent young men should become trillionaires without working.
What is wrong with you?
@@darwel007 my comment never mentioned anyone being rich or poor. i merely referred to crypto as useless
@@chrisclassical7 Good point. I'm not sure what I was thinking at the time.
A country investing in bitcoin as a reserve currency is a horrible and reckless idea.
Who is this guy? A future top economist. A true intellectual.Bravo!
The only thing you need to know about crypto is that the total net gain is less than zero. It cost money to produce and the only money that anyone can get out of it is what someone else in willing to put in. There is no overall net gain. There is no economic benefit.
Is essential for a digital future we are building. The smart contract will replace legal, banking, financial, geo-political strategies. Gold has little usage
According to blockchain data firm Chainalysis, it is estimated that over 3.7 million Bitcoins (over 20% of total supply) have been lost over time.
Thank you from Sterling Heights Michigan
21 million x 0 =
Crypto and AI mining is very energy intensive. Both were conceived around the early 2000’s. As was an Inconvenient Truth. So today, we’re in favor of nukes again, because of the energy needed to drive these things. How did we get duped??
It works because it is a Ponzi scheme in plane sight. Hahahaha haha. Duhhh.
Haha Stay poor
Save your money.
What's hard about it ? 😏
Hope the Fed will buy my Trumpcoins. I'm down over half. 😭
Btc is essential for a digital future we are building. The smart contract will replace legal, banking, financial, geo-political strategies. Gold has little usage
Twenty One millions BitCoins... Enough said.
Oh, sweet Jesus, please God, No.
Currency is only human to human contact where one human gives paper to another human with a government or legislative body that backs that paper regardless if the paper is backed by a commodity. Take a trip to Latin America and other countries where currency matters and human to human contact matters. The United States is so out of touch with humanity.
This is an atrocious report on Bitcoin. Charlie Warzel shockingly doesn't understand what he's writing about. He misses the use case (hard money that can't be inflated) and seems oblivious to the fact that our fiat money goes to zero over time.
you're in a cult! run! Bitcoin is the world's biggest scam. You can't create money out of thin air and expect its value to 10x 100x 1,000x - it's imaginary money that can't be used for anything (except buying pizza)
This sounds like the monkey story.
It’s not part of the future.
stop hating on crypto just because you work for the banks.
Thanks for sharing! Just a quick off-topic question: I have TRC20 USDT in my OKX wallet and I have the recovery phrase: 【pride pole obtain together second when future mask review nature potato bulb】. What is the best way to transfer them to Binance?
Terrible 'expert'.. Missed the point of Bitcoin. If you really wanted to understand it, try interviewing Andreas Antonopoulos.
Your speaking on other peoples behalf you dont have any idea! unless they actually say that in person to your understanding without 100% intent from the individual making that clear its not accurate period its a opinion based of reflection or implied by you not from the person your speaking on behalf of in this video unless stated otherwise directly
I hope everyone realizes that if there is a private key hack, your crypto is gone. Blockchain it’s stupid as fckckkckkkk. Did you know if you want to buy a beer in El Salvador with bitcoin it takes 30 seconds to process a transaction. It’s so dumb and monetary policy doesn’t work with coins.
Hahaha