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re: How much should I invest in BTC today?

Posted on 5/7/24 at 7:58 am to
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40900 posts
Posted on 5/7/24 at 7:58 am to
quote:

other than you can buy stuff with it


Nobody does that except for ransomware... So guess that's half true. Granted BTC can only do 7 Transactions a second, you understand why nobody buys stuff with it. I'm sure you will tell me lightning fixes it next

quote:

maintain anonymity when using it, while enjoying no risk of it being seized by the government.


After the last few years, hard to imagine any crypto bro sticking to this narrative. Between all the coins being blacklisted that went through tornado cash, and all criminals getting tracked down. A distributed ledger of every transaction since the beginning is actually a great way to track someone down apparently.

quote:

the fed centralizes it somehow


They won't bother, the whole thing is pretty centralized already to a few players.
This post was edited on 5/7/24 at 7:59 am
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