Man Throws Away Trove of Bitcoin Worth $7.5 Million
- Thread starter golan
- Start date
Can't understand there is NOTHING behind Bitcoin. It produces nothing - the price stands on pure speculation and trust. It's air.
The same with dollar and any currency to some extent, but at least there is powerful country behind leading currencies which have interest to keep the currency life.
What will happen when let say China, USA, Russia, EU will see threat in Bitcoin and decide to remove it. News on ALL chanells saying bitcoins were hacked, lots o people lost their money, etc - will result in panic on the market and HUGE losses in the exchange rate.
Money is big business. Very big guys control money. And you think that they will let some Bitcoin organization to take part of the pie? Unless in some point Bitcoin will be taken over by Federal Reserve or smng like that, than there will be future in Bitcoin.
Am i missing smng?
The same with dollar and any currency to some extent, but at least there is powerful country behind leading currencies which have interest to keep the currency life.
What will happen when let say China, USA, Russia, EU will see threat in Bitcoin and decide to remove it. News on ALL chanells saying bitcoins were hacked, lots o people lost their money, etc - will result in panic on the market and HUGE losses in the exchange rate.
Money is big business. Very big guys control money. And you think that they will let some Bitcoin organization to take part of the pie? Unless in some point Bitcoin will be taken over by Federal Reserve or smng like that, than there will be future in Bitcoin.
Am i missing smng?
.jpg)