Bitcoin News
By Dan Saada
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Michael Saylor expressed: No force on earth can stop an idea whose time has come. Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of…
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And Saylor is all enthusiastic about Bitcoin with inspiring thoughts like: In the game of life, you need to solve the puzzle in the foreground to claim the prize on the…
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If history could teach us anything, it would be that private property is inextricably linked with civilization. Bitcoin is a swarm of cyber hornets growing faster.
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Followers are like: Bitcoin (BTC) is the first super asset, it’s like physical gold, and real estate combined.
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Bitcoin is so contagious. See you getting all excited like it's your first time getting a girlfriend.
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Twitter Handle Pulled up an argument armed by Pompliano and Michael Saylor Thoughts:
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Argument 1: Bitcoin is used by lots of criminals. This is true. Criminals also use USD and many other currencies.
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The currency of choice for money launderers, terrorists, drug dealers, and criminals around the world is still physical cash which is untraceable to a large extent.
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In Pompliano's article he references a report that suggests more that $2 trillion was laundered through the legacy banking system in 2020.
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Argument 2: Bitcoin needs to be regulated. It is regulated. Every transaction is taxed by many countries.
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Bitcoin is not thriving because of lack of regulation, nor is it thriving because of illegal activity.
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Currently, sustainable energy sources like hydro and wind are not only the cleanest but the most cost effective for mining operations to take advantage of.
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All of this energy produces lots of heat and miners are finding ways to use it such as heating homes and greenhouses.
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Miners are obsessed with finding efficient ways to use energy and it's driving innovation that may end up helping our environment.
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