Posted on 01/12/2021 2:49:28 AM PST by Norski
Am presently looking for more information. Any assistance appreciated. Thank you.
Norski
THank you. I wasn’t sure how easily it can be liquidated for cash. Any idea on what the exchange rate is?
” . . .Seattle Times quotes one of the measures taken by Grant County, where costs for bitcoin miners will be increased if the outlet meets this specific criterion: it’s using 5% or more of the district’s power.
But building new mining facilities is not the only headache that PUDs are facing. The districts’ officials believe small-size bitcoin miners could restart operations from currently inactive facilities.
The U.S. East Coast is also witnessing its own bitcoin mining-related controversy. On December 20, 2020, organizations led by an environmental organization filed a lawsuit against the U.S. town Torrey in New York for giving the green light to expand a bitcoin mining facility at the Greenidge Generation power plant.”
Kracken.com
You will likely see significant additional interest in bitcoin as a way to avoid Chinese capital controls, now that Jack Ma’s $57b personal fortune might have been seized by Xi Jinping. The problem is the grabbiness of the Chinese government that long pre-dates the Communist Party.
It’s not unique to China. Edward Longshanks did expel the Jews and seize their property. Philip IV did the same and executed the Templar heads under trumped-up charges while seizing the Templar fortune and reneging on his debt to the military order. You know how they say absolute power corrupts absolutely. That’s the plight of Chinese tycoons under an emperor in all but name.
Of possible interest:
Russian Oil Giant Provides Excess Gas to Operations Powering Bitcoin Mining Devices
It’s too bad he wasn’t smart to put 1/10 of 1% in the US and flee at the first opportunity. It would have been almost undetectable.
[Of possible interest:
Russian Oil Giant Provides Excess Gas to Operations Powering Bitcoin Mining Devices
>>threatens bitcoin miners?????????? how the hell do you do that? Bitcoin is a figment of imagination.
Yes, but the miners are not.
[It’s too bad he wasn’t smart to put 1/10 of 1% in the US and flee at the first opportunity. It would have been almost undetectable.]
A good bunch of Chinese investments overseas are done on the down low to avoid official scrutiny. Many big splashy deals have been reversed because the officialdom understood that the investments were made to remove that capital from their reach. While unauthorized movements of cash out of China run afoul of Chinese capital controls, the controls were created to maximize the amount of money the Chinese government steal any time it wants to.
I cashed out $2k yesterday just to protect my initial investment since it was dropping hard
PayPal showed that I could get my money immediately for a 1% charge or wait 1-3 days and be charged nothing.
It doesn’t matter how much bitcoin is selling for. You invest whatever you want and it rises or lowers depending upon how bitcoin does. PayPal shows me an accurate and timely account of how its performing.
Just like gambling - don’t bet more than you can afford to lose entirely.
+
A friend of mine told me about this flooding last summer. He told me that there was fear that the Three Gorges dam was in danger of breaking. He checks non mainstream news sources.
Has he found anything?
It’s been going on since the Caesars proscribed rich Roman citizens. They would let you live, they’d just take everything you owned. Caligula and Nero especially were known for it.
CC
I pray, daily, that the hand of The Lord will break that bloody dam wide open.
Ah. At the risk of being exposed as ignorant, why?
Why? Why indeed. So that thousands of the Godless Chinks die, that’s why. China stole the election and put Biden in office.
Do you think they gave him and his family millions for nothing? They expected results and they got them.
Biden is their bitch and they’re going to use him to destroy us.
“I’ve never invested in because I don’t understand it enough...”
Not sure if your bitcoin wallet is secure from being hacked.
Seems like a good way to get ripped off?
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