Listen to this video I can offer you some books to help you understand the value proposition of Bitcoin. Let me know
Rather brief. Here's a bit more detail: https://www.axios.com/yellen-crypto...ney-9159d25a-ffa2-433f-baba-88005235b848.html
Nice move of the goal post. Bitcoin is a $40K asset that was worth $1K five years ago and about $10 ten years ago Bitcoin does not need to be explained to anyone especially someone who's not really interested in learning. Spare us the innocence bit. You're disingenuous see below
Didn't move the goalpost. Just presented her remarks in her own context. But why be bothered by what I think? Keep buying with both hands and live the dream.
You're trying to turn it around. I've been in Bitcoin and cryptos since 2013 and I'm doing ok The Janet Yellen video was about the current US Treasury Secretary providing an "answer" to your post about solving puzzles Over 200 Million Trillion hashes per second of computing power to provide security of the Bitcoin blockchain that will not allow a double-spend to occur If someone went back in time to over 5 years ago and said to a Bitcoiner that a US Treasury Secretary would be giving such a speech in the future, everyone would have said that's never going to happen. It's that monumental, but you would not understand [Fed Chair Yellen picture in the past when Bitcoin was just noise and market cap of less than $50B]
Offtopic, but the myth needs to get busted. You are just trying to justify the energy waste: 1. The system was secure 5 years ago with 1/1000th of the current energy waste. 2. There are other, better cryptos just as secure with millionth of the energy waste. (agree?) 3. Pretty bad technology if they need this much energy to be secure (agree?) etc.etc. With cultists there is always a justification of bad features.
Pek, Pek, Pek, Pekelo, why do you do this to yourself?? Just buy 1 bitcoin or half or even a quarter and put it away, and in 5 years, you'll be happy and even happier in 10 years Stop crying yourself to sleep every night disappointed that Bitcoin doesn't crash. It will never happen no matter how hard you wish it 1. No, look at Ethereum Classic 51% attack 2. No, The hardest money in the history of the world is Bitcoin 3. No, but you can keep sticking to LTC nad NANO, how's that going for you? Over $13 Trillion of value settled on the Bitcoin blockchain last year. Not 1 double-spend. Not a single dollar https://www.benzinga.com/markets/cr...olume-exceeded-that-of-visa-last-year-at-1-3b We'll take your thoughts on the next scheduled Bitcoin cultists meeting scheduled for 4/20/69 https://www.buybitcoinworldwide.com/treasuries/
You are very close to hitting my ignore list. The topic was the LN and you couldn't even address the issue, instead you are pushing your obsolete stupid ponzi. I understand there is no good argument for the LN, but just acknowledge it. Then I buy a Satoshi.
You would miss me, Pek, if you put me on ignore LN just got adopted at McDonalds, Starbucks, Dominos, Walmart, Whole Foods, etc etc, El Salvador, But I know you'll ignore that and keep hating It hurts you to see the Bitcoin success, and I am sorry Buy 1 Bitcoin and hodl for 5 to 10 years. If you need to, DCA into it, putting $100-$500/week. Do it now, before it's too late. This is financial advise
for bitcoin to be worth more than 40k, it specifically needs to be explained to many especially those who are not really interested in learning. Otherwise it will not get widespread adoption.