How To Heat Your Home With Bitcoin Mining

Opinion
1

Innovation? :grin:

2

Bitcoin is the biggest innovation of this century.

An engineering marvelā€¦ A master piece of maths and cryptography.

3

I dont trust it yet.

4

Majority would trust it when its price would have reached a million dollarsā€¦

5

Isnā€™t Ethereum better than Bitcoin in terms of scalability and utility?

6

ETH is an unregistered unregulated security.
Once SEC wins the case against XRP, Gary Gensler would immediately sue ETH and reduce its value to zero.

7

That Bitcoin (blockchain) is a disruptive technology, I have no doubt. :slight_smile: :clap:

And itā€™s also interesting that they are taking advantage of the ā€œwarm upā€ that the mining servers do :slight_smile: (As the ā€œheatā€ from those servers are a problem - see China shutting down a lot of tehm).

But as for being a World currency, my point of view is:

As long as Bitcoin is seen as a currency that only goes high, it will never be considered as such (world trust currency). No country (apart from El Salvador :stuck_out_tongue_winking_eye: ) will want to tie its economy to a currency that can ā€œexplodeā€ one day and ā€œcollapseā€ the next.

I believe that only then (when it has a stable price) it can be seriously considered - as Gold or Dollar - which has its normal variations, not speculation spikes! :money_mouth_face:

Note: It seems to be stabilizing around 50k dollarsā€¦ that will be very good, if it stays in this level.

The rest is speculation, lottery! :rocket: :rotating_light: :bomb:

1 Like
8

hahaha . No doubt