this post was submitted on 12 Jun 2024
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[–] db2@lemmy.world 0 points 2 years ago (1 children)

Bitcoin doesn't move like the stock market. There's no hedge funds to call to naked short a nonexistent Bitcoin Inc in to the dirt. This means nothing.

That said I'd live bitcoin to go to a penny. I'd buy and hodl. I'd buy and hodl hard.

That said, fuck Trump. But not literally because his lineage should be pruned.

[–] shortwavesurfer@monero.town 0 points 2 years ago (1 children)

Monero is what Bitcoiners thought they bought. It's completely fungible and private just as cash is supposed to be.

[–] Fisch@discuss.tchncs.de 0 points 2 years ago (1 children)

Monero is great. Only crypto currency I actually use. Transactions are also waaay cheaper and faster than with Bitcoin.

[–] shortwavesurfer@monero.town 0 points 2 years ago (1 children)

It's really the only one worth using.

It's also the one being targeted by governments, who are trying harder and harder to track consumer spending.

Even if you don't like crypto generally, consider using Monero as a middle finger to governments. Don't hold any long term, just make a few purchases here and there.

[–] Not_mikey@slrpnk.net 0 points 2 years ago (1 children)

Trump said in a Truth Social post Tuesday. “Biden’s hatred of Bitcoin only helps China, Russia, and the Radical Communist Left. We want all the remaining Bitcoin to be MADE IN THE USA!!! It will help us be ENERGY DOMINANT!!!”

Didn't COMMUNIST China ban it mostly because it was putting strain on their grid? Not sure how wasting states worth of electricity to fuel a glorified ponzi scheme is going to help with energy dominance but who am I to question the self-proclaimed genius.

[–] Redex68@lemmy.world 0 points 2 years ago* (last edited 2 years ago) (1 children)

I just... I... what goes through this man's head? Why is literally every sentence he spews completed bullshit? And why do so many people fall for it?

[–] Fedizen@lemmy.world 1 points 2 years ago

he's propped up by like 7 billionaires with media companies and a lot of editing.