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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
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Poster Handle
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Anonymous Coward |
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Post Content
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That CEO of Microstrategy is 110% all in on bitcoin.
Dude is wicked smart, and he makes very good arguments.
He could be wrong, or he could be right. I guess we'll find out eventually.
Funny thing about these bitcoin headlines, prices move so fast that they're practically obsolete by the time they trickle down to us.
Quoting: CharlieFoxtrot Can someone explain why this bitcoin has any value? I'm not trying to be an ass, but I just don't get it? It's based on what? Bitcoin is the anti-thesis to phyiscal gold and silver. Physical gold and silver is truly stored energy. If it's out of the ground and probably refined for whichever use THAT'S-IT! It's the perfect measurement-tool. Bitcoin on the other hand uses-up energy without producing ANY PHYSICAL EQUIVALENT and the bigger the Crypto-Network is becoming, the more energy is being used up etc. Bitcoin is a fractal sucker of epic proportions. FIAT has many similarities - CRYPTO IS THE PERFECTION OF THE FIAT SCAM. What is the U.S. dollar? Backed by debts, print more when you need it, tax people more to pay for realeasing more fiat borrowed on interest from China and the central banks.
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