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Coney_Croft
Member since: 2023-02-07
Coney_Croft
Coney_Croft 1d

All this noise of Wall Street, and Governments accumulating Bitcoin is a bother. Don’t know why so many pushed for that. Bitcoin should continue to grow and improve as the best money in the world at the grass roots level. No Hullabalu about it. Just genuine use by the everyday man. Growing at ground zero in the back countries of developing nations, and on the streets of small town shops that learn to use and take in Bitcoin as payment for their down home products and services. Forget about locking up gargantuan amounts of coins in ETF’s and Government Treasuries. That’s not where real money should be sitting, doing nothing. Bitcoin can grow quietly without a lot of fanfare and attention. The people that find it on their own, without being pushed into it for the promise of a quick buck are the true believers in its potential.

Coney_Croft
Coney_Croft 9d

Let’s face it. If quantum proofing is going to work, then addresses that don’t move are going to be vulnerable. If you give everybody 2 years to move coins to quantum proof addresses, and some don’t move, you have to figure those people lost their keys, are dead, or not interested. Either way those coins are gone for them forever. Lock them so they can’t be stolen.

Coney_Croft
Coney_Croft 9d

I might understand trading stocks in a company. There are things about companies that you may be able to understand by studying the success of the company you are investing in. But, Blows my mind that traders trade Bitcoin. They’re just doing it to build their stack of Fiat larger. Trading Bitcoin is a fools endeavor. Somewhere between 75% and 95% lose their money trading Bitcoin. Bitcoin should be bought to save with it, till you can use it to buy something you really want or need. If Bitcoin were not traded, and instead used as it was designed to be used, its value would rise in a steadier slower predictable manner. With traders, the whole thing is a big gut wrenching roller coaster of emotional turmoil. With most traders ending up throwing in the towel, and moving on to something more predictable. Like sports betting! The bad news is that traders will not stop trading. Manipulators will not stop manipulating, even tho they may be out manipulated by another manipulator. The good news is that if you zoom out, and don’t fall into the traders trap, then the value of Bitcoin does grow steadily, and will continue to grow steadily as people that do understand what Bitcoin really is use it the way its supposed to be used.

Coney_Croft
Coney_Croft 12d

The software might be good, but it’s been reported that the law enforcement agency in charge of this investigation has evidence that the developers were in direct contact with criminal organizations, and was suggesting they could conduct business using their software to avoid detection. That, if true looks bad for these developers.

Coney_Croft
Coney_Croft 23d

3I/Atlas is a seed seeking a solar system with a planet to crash into, to impregnate and create life.

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