Re: Is Bitcoin a scam: The long debated argument discussion by Bloomberg - Quicktake
The biggest skeptics are the banks because they see bitcoin as an adversary to their own current fiat financial system.
I'm only referring to the video you can see if you visit the link from the OP, because it mentions only those two people as some of the critics or skeptics - and we all know that Jamie Dimon changed his mind a long time ago, and that JPM is today a bank that every week gives very positive opinions when it comes to BTC.
At the moment, banks are just trying to slow down the adaptation until they are ready to jump on the BTC train and profit from it. It is only important to them that they earn as much as possible, and it is less important whether they launder money for drug cartels or take fees for crypto exchange/custody.
I had the foresight to the question coming up with this source for my evidence on the matter:
Mining in the Arctic (Norilsk) using gases
https://twitter.com/Quicktake/status/1372955971367108610
Mining in the Arctic (Norilsk) using gases
https://twitter.com/Quicktake/status/1372955971367108610
Journalists and their research work, we had this topic on the forum almost 2 months ago. It would actually be more correct for Quicktake to become Slowtake
Bitcoin in Arctic Circle - The northernmost mining farm in the world!
But this got me thinking.
What happens when the last bitcoin is mined. The miners are used when transactions on the blockchain are put in and it completes when they are confirmed. But once the last amount is done (some have said as soon as 2037) what happens then? No more mining means no more transactions being confirmed?
There's no need for me to watch this video.
I guess that the question "Is Bitcoin a scam?" is rhetorical.The FUDsters will keep asking this question until the end.
I can assume that this is some BS combined with a bit of FUD.Even the comments under the tweet are BS and FUD.
This is the only good comment under the tweet.Just stop thinking and buy the dip.
Yes. The term BTFD is the word to use against these FUDsters.I guess that the question "Is Bitcoin a scam?" is rhetorical.The FUDsters will keep asking this question until the end.
I can assume that this is some BS combined with a bit of FUD.Even the comments under the tweet are BS and FUD.
Quote
Love how everyone becomes so philosophical whenever bitcoin dumps.
Just stfu and buy the dip.
Just stfu and buy the dip.
This is the only good comment under the tweet.Just stop thinking and buy the dip.