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re: Why is Bitcoin soaring?
Posted on 3/1/24 at 8:27 am to Odinson
Posted on 3/1/24 at 8:27 am to Odinson
quote:
He didn’t endorse it but definitely crawfished:
Uh. No. He didn’t endorse and he didn’t even crawfish.
He said Blockchain is real and he’s right. It IS real and has real value. Blockchain is not what is being used as currency. Bitcoin (and others) is what is being used as currency and Blockchain technology supports Bitcoin and other crypto currencies.
Dimon went on to say that if these crypto currencies really catch on and start to challenge government currency in a measurable way, they will be squashed by respective governments. And he’s right.
Until that time though, people will trade crypto’s in hopes of making money on the trade and some will use crypto for currency for legit or illigit reasons.
Posted on 3/1/24 at 9:45 am to SlidellCajun
(no message)
This post was edited on 3/21/24 at 12:15 pm
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