Cryptocurrency: Virtual money, real power and the fight for a small town's future | CBS Reports

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  • Опубліковано 25 сер 2024
  • "In the world of cryptocurrency, money is power, sparking a gold rush wherever energy is cheap and abundant. A booming cryptocurrency mining industry is disrupting a small town in Washington state. This CBS Reports documentary was first published on Aug. 24, 2018.
    #documentary #cryptocurrency #crypto
    Watch more CBS Reports documentaries that take a deep dive into the key issues driving the national and global conversation here: www.cbsnews.co..."
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КОМЕНТАРІ • 45

  • @CBSNews
    @CBSNews  Рік тому

    Click here for more technology and innovation stories: ua-cam.com/play/PL19D4C1F39FE22040.html

  • @markaddington8706
    @markaddington8706 Рік тому +163

    • @markaddington8706
      @markaddington8706 Рік тому

    • @alexisk.kennedy8526
      @alexisk.kennedy8526 Рік тому

      Thanks for keeping it light and real at the same time. hodlers like us really need her in times like these, of course more better when the market is also highly profitable.

    • @kendrakuvred8287
      @kendrakuvred8287 Рік тому

      Bitcoin has been falling for a while now and it might keep falling or decide to rise again. The truth is no one knows, I believe it's the right time to make purchase and also get the assistant of a professional

    • @johnsondunger5957
      @johnsondunger5957 Рік тому

      This is something that we will look back at in 20 years and laugh at, sad that old people always underestimate technology and progress.

    • @perezlame7804
      @perezlame7804 Рік тому

      So impressed knowing how much people talk good about Ruby’s daily signals ... she also helped me and my friends here in Canada 🇨🇦 to trade profitably with her daily signals

  • @codacreator6162
    @codacreator6162 Рік тому +5

    How can anyone discuss crypto as a legitimate investment with a straight face? It’s air. It has no inherent value. The downside is infinite. Insanity.

    • @lliza444
      @lliza444 Рік тому

      Lol .. why are governments using same technology to create their own crypto dollar? There is a lot of value in only one crypto right now “bitcoin”. In the future other coins will create a real life value but not yet.

    • @nicknack8459
      @nicknack8459 Рік тому

      You remind me of those old folks in the 1990's who said "The Internet is a Fad!"

    • @elizabethdinny7894
      @elizabethdinny7894 Рік тому

      Look at what the 1.00 dollar buys you today… not even a soda pop
      Soon the paper money will hold no balue

  • @MsUtuber2
    @MsUtuber2 Рік тому +3

    These machines require a great deal of electricity. Electricity requires water to be generated. Can huge electric demands cause water shortages, including downstream?

    • @nicknack8459
      @nicknack8459 Рік тому

      The water is moving anyway. A damn that harvests that power makes not difference. It's just free electricity.

  • @jeromehugh9624
    @jeromehugh9624 Рік тому +4

    This is waste of energy for nothing

  • @johnfall4476
    @johnfall4476 Рік тому

    Through the examples of El Salvador and Lugano, we have seen that Bitcoin and Tether can be used as legal tender and it is convenient. Soon most countries will understand this.

  • @Hboogie182
    @Hboogie182 Рік тому

    The title is misleading. It's Bitcoin, NOT crypto.

    • @donjo9776
      @donjo9776 Рік тому

      Yes, quite misleading and now more misinformation is being spread lumping BTC in with all crypto. This is why adoption is so painstakingly slow.

  • @kollennekoll5997
    @kollennekoll5997 Рік тому +1

    And when everything goes bust like FTX they'll blame the government?🤣

  • @flawl6482
    @flawl6482 Рік тому

    Anyone else feeling messed up with all the bad happening? Glad that BlusteryInvestLtd is giving power to the people which is not what I personally expected but it's there and everyone can get a good share of that. Don't just take my words on this, best is if you have a grasp yourself what they wanna do and what the vision is like. Probably something which will change the next generations and decide if it makes sense to run digital currencies or not

  • @Mr.McMello
    @Mr.McMello Рік тому

    Bitcoin not crypto

  • @paulsansonetti7410
    @paulsansonetti7410 Рік тому

    The naivete around AI and transhumanism is dumbfounding
    These people would sell their own children for money

  • @gene4094
    @gene4094 Рік тому +3

    It’s not mining, it’s stealing.

    • @nicknack8459
      @nicknack8459 Рік тому

      It's stealing to buy electricity to make money?

    • @gene4094
      @gene4094 Рік тому

      @@nicknack8459 that statement is a non sequitur.

  • @brianbecker6634
    @brianbecker6634 Рік тому

    Just a thought experiment; imagine people didn’t save there money in real estate but rather a monetary good with no utility value. What would that do to the prices of store of value assets like homes if we had a viable non-utility alternative? If Bitcoin catches on in such a way, might it be possible for everyone to be able to purchase a home that no longer has a monetary premium associated with it? I believe so, and that’s why whether it’s bitcoin or not, the world truly needs a non-utility store of value that’s accessible to everyone, not just people with preferential access to cheap debt. Thanks for reading

  • @PeeedaPan
    @PeeedaPan Рік тому

    "i love my gaps of knowledge" exactly why boomers are holding the world back

  • @n0pe762
    @n0pe762 Рік тому

    💪👽

  • @brandonhoffmaster9594
    @brandonhoffmaster9594 Рік тому

    All the war on sope

  • @DgurlSunshine
    @DgurlSunshine Рік тому

    EPIC WASTE ON STEROIDS

  • @DgurlSunshine
    @DgurlSunshine Рік тому

    NOPE

  • @CyberspacedLoner
    @CyberspacedLoner Рік тому

    first comment

  • @dannygss1273
    @dannygss1273 Рік тому

    I have seen many comments in different investing videos of people losing so much of their funds to the wrong investing steps, some watched here. It's very worrisome, makes me wonder why those who aren't familiar with the markets don't just use BlusteryInvestLtd or register with a regulated expert. You will definitely blow your funds following and depending only on videos from here. Some are paid promotions.

  • @n0pe762
    @n0pe762 Рік тому

    Dogecoin 2th3 moooN 🌛

  • @15_secondsoflovemusic16
    @15_secondsoflovemusic16 Рік тому

    I will forever appreciate this channel and Mrs Lisa O'brien, you've helped my family alot, your videos, advice, lessons and funny words are inspirational and helpful to us. My husband and I have been able to be minimal, conscious in spending, saving and investing wisely, I now earn every week all thanks to BlusteryInvestLtd. You're such a blessing to this generation. we all love you

  • @Ammar-xr3jb
    @Ammar-xr3jb Рік тому

    I wasn't financial free many years back but I’m in my 50’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in forex and crypto market is a grand choice I made, all thanks to BlusteryInvestLtd

  • @mstt7864
    @mstt7864 Рік тому

    When one thinks of investing this days it's got to be either the stock market or crypto, i personally feel crypto is really worth venturing into especially with the current market dip, it's a perfect buy moment. I've been day investing crypto for 2 months with BlusteryInvestLtd.