To: Truthsearcher
other than the miners making money, it is simply a means of exchange across platforms and creditors, specially if you don’t want others eyeing your transactions, nothing more...
anybody that bought it as an investment will be lucky if it doesn’t zero out
26 posted on
11/09/2022 2:17:28 PM PST by
Chode
(there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
To: Chode
The weird part of cryto, was during cheap electricity, the price for btc was say 70k. Now, with inflation, crypto has fallen with rising energy prices. That one is odd to me. Rising prices to ‘mine’ would have created higher prices and limited production. Perhaps it doesn't work like that. Strong usd sure has knee capped btc, etc.
28 posted on
11/09/2022 2:45:02 PM PST by
Theoria
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