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Old 12-12-2017, 03:52 PM   #1
Tambourine Man
now in Capshaw Blue
 
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Join Date: Jun 2006
Location: behind the miller's shed
Posts: 15,960
Bitcoin

Is anybody participating in this mania? All the coins have a combined market cap of $500B now, I wonder how much longer until people start to run for the exits.

Bitcoin is having issues with it's blockchain, apparently the mining is becoming very expensive. So a single transaction can cost $20-$40...so much for it being money. But people are just shrugging it off

I've always said Bitcoin is technological solution to a political problem. We have no privacy or anonymity in our financial system. We can cut anybody off through sanctions. The government can confiscate as much as they'd like before you've even gone to trial. These are issues that should be fixed in Congress
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