Interesting to see someone talk about bitcoin this way. Seems like he is skeptical of bitcoin more than most people are. I have the same concerns. It isn't necessarily backed by anything valuable.
RE: Jack Ma on the Future of Bitcoin
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Jack Ma on the Future of Bitcoin
Agreed.
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The value of bitcoin they say is inherent in the cost of mining ..... etc but honestly economics as we know it is flawed .... why should it be backed by anything ? What gold ? For what purpose ? It’s just a precious material that is mined as is bitcoin ...... the United States dollar is worth nothing ..... and yet the world treats it as the base currency ,.... it’s all about geopolitical power and greedy banking cartels getting fatter ..... bitcoin is the Robin Hood of the modern era .....
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