Bitcoin is bullshit beste bank etf sparplan

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28/07/ · Bitcoin is sound money. ‘Crypto’, can be classified almost entirely into two categories: vaporware, & affinity scams. Because many of these ‘cryptos’ are . 19/02/ · However, investing in bitcoin is a risky business even for companies from the S & P index. At the same time, Musk is convinced that today “only a fool” will not seek an alternative to fiat currencies, given the current interest rates. “Bitcoin is almost the same crap as fiat currencies. The key word is “almost,” Musk tweeted. 15/05/ · To me, Bitcoin is a bullshit meter. It’s a bullshit meter in a world where: Donald J. Trump, a “real estate tycoon”, can masquerade as a U.S. president, convincing struggling working class people that he is going to make them rich, after gaining a reputation for not paying working class people for the work they have done on his properties. That is bullshit. What — bitcoin miners can rewrite the blockchain? No, they cannot. Weaver is either ignorant of his subject or consciously lying about it. „These systems require an obscene amount of energy to function.“ Obscene is just his pejorative. Electric signs and the World Series and the Super Bowl require lots of energy too.

ShapeShift CEO Erik Voorhees is no shy when it comes to expressing his opinion about politics, finance or Bitcoin maximalism —no matter popular or unpopular they might be. Just minutes before Erik Voorhees took the stage to moderate a panel on the evolution of cryptocurrency exchanges, a debate entitled: Toxic Maximalism: A Feature not a Bug took place.

In this debate, Dr Bitcoin MD, Nico ZM, Aleksandar Svetski, BTC Lerk and Nik Hoffman argued that extreme views in Bitcoin were important to keep the philosophy behind this technology clear. But some words from youtuber NicoZM were the ones that raised controversy. The debate continued in front of an audience more than supportive of this perspective. No wonder Voorhees took this stance. ShapeShift has an infrastructure built precisely around Bitcoin and altcoins alike.

Voorhees had previously shared critical stances against maximalism, or against those who do not recognize innovation or projects that seek to generate new use cases. Back in , he pointed out the irony of being a Bitcoin maxi: On one side, according to his views, they promote a decentralized world, and on the other side they promote a world that centralizes payments around one single blockchain.

Voorhees has described himself as a reformed Bitcoin maximalist. And has warned other communities about the dangers of replicating this behavior when a project starts to face some competition:. So perhaps it was not a good idea to invite an anti-maxi to a maxi conference.

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Well, shit. It has reached the point that a big percentage of stories in the financial news and questions in Mr. These are all things that people have bought in the past, and driven to completely irrational prices, not because they did anything useful or produced any money and value to society, but solely because they thought they would be able to sell them to someone else for more in the future. When you make this kind of purchase, which you should never do, you are speculating , which is not a useful activity.

Even if you win some money through dumb luck, you have lost some time and life energy, which means you have lost. Noticed this ad on the corner of a website recently … because we ALL need daily updates on an obscure piece of niche software technology! Investing means buying an asset that actually creates products and services and cashflow for an extended period of time. Like a piece of a profitable business or a rentable piece of real estate.

An investment is something that has intrinsic value — that is, it would be worth owning from a financial perspective, even if you could never sell it. This separation is important because the usefulness of Blockchain is the primary justification people use for the big dumb Bitcoin lottery.

bitcoin is bullshit

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We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. To learn more or opt-out, read our Cookie Policy. Please also read our Privacy Notice and Terms of Use , which became effective December 20, Cryptocurrencies like Bitcoin are constantly in the news, as is the blockchain technology behind them.

Is Bitcoin, and other cryptocurrencies, the future or will this experiment gradually fade away like a historical footnote? Are cryptocurrencies actually decentralized or are they controlled by small groups of people? Are they fraud-proof or can they be manipulated by insiders? To get some answers, I reached out to Nicholas Weaver, a researcher at the International Computer Science Institute at UC Berkeley. Weaver teaches a course on blockchains and seems to think the technology is, at best, misguided and, at worst, a fraud.

So I asked him to lay out his case in the simplest possible terms. It depends on what you mean.

bitcoin is bullshit

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ShapeShift CEO Erik Voorhees is no shy when it comes to expressing his opinion about politics, finance or Bitcoin maximalism —no matter popular or unpopular they might be. Just minutes before Erik Voorhees took the stage to moderate a panel on the evolution of cryptocurrency exchanges, a debate entitled: Toxic Maximalism: A Feature not a Bug took place. In this debate , Dr Bitcoin MD, Nico ZM, Aleksandar Svetski, BTC Lerk and Nik Hoffman argued that extreme views in Bitcoin were important to keep the philosophy behind this technology clear.

But some words from youtuber NicoZM were the ones that raised controversy. The debate continued in front of an audience more than supportive of this perspective. No wonder Voorhees took this stance. ShapeShift has an infrastructure built precisely around Bitcoin and altcoins alike. Voorhees had previously shared critical stances against maximalism, or against those who do not recognize innovation or projects that seek to generate new use cases.

Back in , he pointed out the irony of being a Bitcoin maxi: On one side, according to his views, they promote a decentralized world, and on the other side they promote a world that centralizes payments around one single blockchain. Voorhees has described himself as a reformed Bitcoin maximalist.

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ShapeShift CEO Erik Voorhees is no shy when it comes to expressing his opinion about politics, finance or Bitcoin maximalism —no matter popular or unpopular they might be. Just minutes before Erik Voorhees took the stage to moderate a panel on the evolution of cryptocurrency exchanges, a debate entitled: Toxic Maximalism: A Feature not a Bug took place. In this debate , Dr Bitcoin MD, Nico ZM, Aleksandar Svetski, BTC Lerk and Nik Hoffman argued that extreme views in Bitcoin were important to keep the philosophy behind this technology clear.

But some words from youtuber NicoZM were the ones that raised controversy. The debate continued in front of an audience more than supportive of this perspective. No wonder Voorhees took this stance. ShapeShift has an infrastructure built precisely around Bitcoin and altcoins alike. Voorhees had previously shared critical stances against maximalism, or against those who do not recognize innovation or projects that seek to generate new use cases.

Back in , he pointed out the irony of being a Bitcoin maxi: On one side, according to his views, they promote a decentralized world, and on the other side they promote a world that centralizes payments around one single blockchain. Voorhees has described himself as a reformed Bitcoin maximalist. And has warned other communities about the dangers of replicating this behavior when a project starts to face some competition:.

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ShapeShift CEO Erik Voorhees is no shy when it comes to expressing his opinion about politics, finance or Bitcoin maximalism —no matter popular or unpopular they might be. Just minutes before Erik Voorhees took the stage to moderate a panel on the evolution of cryptocurrency exchanges, a debate entitled: Toxic Maximalism: A Feature not a Bug took place. In this debate , Dr Bitcoin MD, Nico ZM, Aleksandar Svetski, BTC Lerk and Nik Hoffman argued that extreme views in Bitcoin were important to keep the philosophy behind this technology clear.

But some words from youtuber NicoZM were the ones that raised controversy. The debate continued in front of an audience more than supportive of this perspective. No wonder Voorhees took this stance. ShapeShift has an infrastructure built precisely around Bitcoin and altcoins alike. Voorhees had previously shared critical stances against maximalism, or against those who do not recognize innovation or projects that seek to generate new use cases.

Back in , he pointed out the irony of being a Bitcoin maxi: On one side, according to his views, they promote a decentralized world, and on the other side they promote a world that centralizes payments around one single blockchain. Voorhees has described himself as a reformed Bitcoin maximalist. And has warned other communities about the dangers of replicating this behavior when a project starts to face some competition:.

So perhaps it was not a good idea to invite an anti-maxi to a maxi conference. Save my name, email, and website in this browser for the next time I comment.

Britisches geld zum ausdrucken

Cart 0. Actually, with bitcoin, nothing is real but the taxes. You are terminally stupid and may deserve what you get given how many warnings you have received. Yeah, this is your wall, and you can call people names here. But I could make an argument about the wisdom of referring to people who disagree with you that way, especially your readers.

Do better, John. As for when the next correction comes, I welcome that as the next buy signal. Create an awesome day. And here is my reply to all that. This is a conclusory sentence which violates my rule 64 as well as the federal rules of evidence. Regarding my due diligence on bitcoin, I have discussed it at length here and at my blog and unlike you, I showed my work.

The overarching rule here is that this wall is about truth and the way we find it is by citing the pertinent facts and applying logic to draw a conclusion.

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07/06/ · Yeah, that’s some bullshit.” No wonder Voorhees took this stance. ShapeShift has an infrastructure built precisely around Bitcoin and altcoins alike. The trading activity around digital tokens has allowed Bitcoin’s market capitalization to increase and has served to drive cryptocurrency adoption. Erik Voorhees vs Maximalists. 0. Anyone who says Bitcoin is a decentralized payment technology is bullshitting, according to noted economist Nouriel Roubini. The chairman of Roubini Macro Associates called the cryptocurrency a “total flop” because it allocates power to only a handful of pilotenkueche.deted Reading Time: 3 mins.

Peter Schiff, economist and critic of cryptocurrencies, said that the recent appreciation of Bitcoin is a „bullshit“. The statement was published in a tweet on Wednesday, July Schiff argued that gold was easy to transport and harder to confiscate than Bitcoin. Gold is absolutely transportable and harder to confiscate than Bitcoin. Bitcoin is the opposite of that. Peter Schiff: Gold is absolutely transportable and more difficult to confiscate than Bitcoin.

Kiyosaki, who has been a supporter of Bitcoin, said he sold gold and was buying Bitcoin. Robert don’t you realize that Dennis Gartman is a contrarian indicator? Also, I don’t think he was ever really in gold. You can’t get out of what you never got into in the first place.

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