Loading ...“What, exactly, do you have when you own a bitcoin? As far as I can see, you own the right to a particular sequence of zeros and ones which are stored multiple times in a disseminated network of computers. And in your personal crypto wallet, a hard drive or part of a hard drive which usually requires a password etc. etc. and so is secure. Or on a crypto exchange which makes it easier to buy and sell. So you own – what? What is a one or a zero? A distortion in a magnetic field. So you own the rights to a series of magnetic fluctuations. Whatever it is, it relies on a lot of sophisticated stuff to access and transfer (spend or acquire) them, which can be intercepted by hackers now, let alone when quantum computers arrive. Tulips seem a lot simpler.”
DOGE was issued as a joke, as satire against bitcoin etc. Yet it became a serious ‘investment’. $TRUMP really confirms how lunatic the whole thing is. Has there been any claim as to what utility it provides? I was trying to console myself that Trump just had to be better than Kamala or Brandon and their marxist agenda for another four years, but now I’m really doubting that.