Thank you, Mr. President.
Donald Trump’s comments about bitcoin and the other cryptocurrencies on Thursday were right on target.
He’s right: Their value is “based on thin air.” Your typical cryptocurrency is basically a “frequent flyers” program, only without any airline attached. You hope someone will accept your “miles” for something real. But there’s no guarantee.
He’s right: They are
(ps: I do not endorse the opinion of this article. I just think it was interesting to share it here)
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My previous dlike posts :
- You can now buy shares in this brewery using cryptocurrency
- California Earthquake: Multiple injuries and fires reported - CNN
- Blockchain-Based Used Car Data Marketplace to Launch in Singapore
- Analysts split over future of cryptocurrency
- 'Mirror Worlds' Creator Wants to Displace Facebook—With Blockchain | WIRED
- China Fast-Tracks Central Bank Cryptocurrency to Fight Facebook's Libra
- Computer from NASA’s Apollo program reprogrammed to mine bitcoin | Ars Technica
- 3 Altcoins Emerge as Potential Hedge While Bitcoin Price Plummets
- Trump critcizes bitcoin, cryptocurrencies; questions Facebook Libra
- John McAfee Defends Bitcoin From Donald Trump in Ironic Tirade
When I wanted to explain crypto to my grandma, I used similar analogy - fidelity points that could be used for various things
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All of us are good at something. Brett Arends is very good at producing FUD drivel.
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That is true, but it is important to read divergent opinions about bitcoin and everything else.
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You just received a 10.80% upvote from @honestbot, courtesy of @discernente!
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You got a 7.57% upvote from @joeparys! Thank you for your support of our services. To continue your support, please follow and delegate Steem power to @joeparys for daily steem and steem dollar payouts!
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The attempts to delay the inevitable are back, and they took Trump's opinion and disturb it to make peoples mind and go towards centralization again... (the usual crap)
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This post has received a 27.10% upvote from @lovejuice thanks to @discernente. They love you, so does Aggroed. Please be sure to vote for Witnesses at https://steemit.com/~witnesses.
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