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Rob (c137)'s avatar

I'm with economist Michael Hudson on Bitcoin. It's not a currency but a market for speculation. Maybe in the future it might become a currency, but I think something less complicated might emerge, that doesn't depend on computation and virtual storage.

Plus, he said that if governments hamper the exchanges by applying taxes to conversion of coin to official Fiat, the market will crash.

Also, what kind of currency can bounce up and down on some dickhead like Elon musk throwing in money and pulling it? It's still based in a system that allows for huge hoarding and greed.

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TruthEli's avatar

Dude, I Cant Believe I'm just discovering your work now! Thanks So Much! Really Enjoying your writing, energy , knowledge, humility and wisdom. It's an honor to read your work, You are a Blessing. Thank You! (I loved the recent conversation With Matt and Cynthia.) Keep on going Brother :-)

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