Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Searing
on 09/11/2017, 11:21:36 UTC
Ms Kaminska writing lovely things about the Honey Badger as usual

https://www.ft.com/content/c166aa1e-c303-11e7-a1d2-6786f39ef675

Quote
And even if all that were possible, none of it changes the fact that if bitcoin’s primary use is for speculation rather than transaction, the energy wastage serves very little constructive social purpose at all.


Silly or not ....BTC allows WEALTH TO BE HELD IN VALUE OF THE BLOCKCHAIN, rather than thru a bank or institution and regulated

thus sure, like paper money, it is a SOCIAL construct determining worth and value, by those involved who HODL and the only 21 million coin cap

this social construct, like money backed, that is working also by banks etc, just seems to be working quite well  OUTSIDE  of any system of elite control

and BTC is driving the previous status quo NUTS as a result Smiley