I mine etherum with three mining rigs producing just over one Eth coin in 18 days. In November one Eth was worth $800. Yesterday the same coin was worth $1,837. The value of the coins I produced last April was around $100-140... today it is under $1,400 and yesterdays coin that was $1,8xx is now just under $1,400. I have been mining since 2017 and have produced over 50 coins, mostly Etherum.
The thing about this is that it really is an effective measure of value. All of the banks are purchasing Etherum and Bitcoin. The investment companies are buying it and they are issuing projections for Bitcoin to hit $210-270,000 USD in the next 12-15 months.
A stolen election has consequences. The destruction of trust in the USA as an agent of good and a government that was trustworthy is over. There can never be another real election in the USA after the Biden Coup.
The great reset requires bailing out the EU Central Bank moving finances there back into the national banks. All the world currencies will have a “reset” value and each Bloc of currency like the financial sphere of the USD, the Pound, the Euro, Rubble or Yuan will gobble up the surrounding nation states thru their debt and loans.
We are going to see the issuance of THE AMERICAN DOLLAR replacing the USD and it will be used from North to South Americas.
The value of US DOLLARS will become nothing so piles of cash will be worth nothing when the new America’s Dollar is issued so moving into “coin” will force major investment firms, criminals, banks, governments to further purchase Bitcoin driving up the price.
Welcome to US Socialism and one Party Rule. Our debt crisis is undeniable now that votes mean nothing and the natural law of currencies valuations will kill the major fiat currencies.
I think everyone here should buy Etherum or Bitcoin now.
I recall my World History teacher talking about how in Germany, WWI (II???) they would bring a wheel barrow full of cash to buy a loaf of bread. Somebody would steal the wheel barrow and leave the cash for a faster get-away!
I agree, but I can’t see statists/socialists/central planners in Washington accepting this long-term. It seems a fundamental contradiction to their desire for control, and keeping the USD Ponzi debt-pile from collapsing. If little people hold it, they can ignore or smash us, but if other elites and insiders are holding Bitcoin for wealth, there will be too much political opposition. I can’t yet see how this will play out.