Loading ...Re Well I guess Bitcoin wins. No mine risk and seems to ignore movements in the stock market and the dollar.
Researching when I can, there is something similar in Bitcoin besides pretty much being a means of trade out of control of Gov. or manipulation so far. They have miners too. They have something coming up called halving. It’s not the bitcoin but how much Bitcoin they can generate or maybe get paid or how much can be purchased, not sure, per blocks.
The amount ” of Bitcoin” miners get is going to be cut in half. My question is will it affect the miner stocks. Also how it will effect the BTC. Apparently long wise it drives BTC up but when I don’t know either.
At some point maybe 2040 there will be no more Bitcoin payment or generated by or for miners. It will then be currency so guessing it’s for the miners doing the work. I guess it takes about 4 years so maybe a 4 year pattern. The last one was in 2020.
( Reading more the year projected is 2140 not 2040)
If anyone is or knows someone interested in buying any someone from the UK that is knowledgeable and connected to following Simon Dixon gave me information on it how to buy, keep it safe or safer and how go transfer currency to Bitcoin and back to currency. He said I could share it with anyone interested.
I can’t see PMs going to the wayside anytime soon despite manipulation with things going the way they are or the increasing costs in the future to buy Bitcoin which is also volatile but will likely be much more by then.
I do wonder if these new ETFs coming out if the company’s trying to buy up the country’s including housing like Blackrocks Vanguards or State Street will try to manipulate them. Only good thing is they can’t call for delivery with the ETFs. Coincidence they are projected to buy up 40 % of private property by 2040. Then of course we have foreign buying probably attached to Chinese government etc all that also needs to be flat out restricted.
Apparently the word monopoly going after businesses monopolizing like Microsoft when Gates was involved is now being ignored by the dimwitted in government or state politics easily bribed when a real monopoly and threat is going on not much different than open borders as far as invading our land.