You are doing something not nothing like most in the world.

Are you wasting money on stuff like eating out and cafe's? Alcohol? Can you clean up your budget?

Work, find a higher paying job? Move up? Side hustle? Second job?

It doesn't happen overnight.

Keep your head up

Here is the energy tab from the CIA factbook (amazing resource)

https://www.cia.gov/the-world-factbook/countries/laos/#energy

It seems they have coal but have zero production of petroleum and natural gas, but some google-fu points they just don't have any. They have pipelines to import NG but is seems the burn their own coal (I get it)

https://www.iea.org/countries/laos

They don't have any wind or solar power to speak of but those could augment the grid and lower the demand on hydro preserving more of the capacity. But never expect a commie country to do smart things. Mining bitcoin with scarce resources is not a wise idea.

My take away his Mea Culpa doesn't seem genuine. It will play out.

Even though it's negative he is getting attention right here right now.

He is just one of many making "predictions". If anyone is that good at predictions they would be in Manhattan, not making pictures of falling wedges and head and shoulders pattern in moms basement.

Ol Bitboy went down in flames a few days ago. It's really not that shocking given the way he carry's himself.

I really don't care either way but I do wander through the Youtube/Reddit blow hards. So I hedge against what the collectively say because they are mostly wrong most of the time. There are some REALLY big names that seem to foster a pump and dump cabal. I chuckle when predictions are cast, it mostly hope not real data.

Be careful who you listen too

nobody is gonna pay over spot price.... It has to be a deal or why do it

[[/quote]

That's actually going to be a very problematic situation for Saudi Arabia, if not a laughable one. Rupees used like mere tokens in an amusement park.

It would have been better if the BRICS nations agreed to use an apolitical, impartial, decentralized network/currency for their international trade needs. If only there was something like it invented, no?
[/quote]

I would have liked to seem them use bitcoin, but I would hate the repercussions of the excuse the US liberal politicians to hate on it. 

Well if you don't have the water then something has to be done. I would consider mining a sub critical load. Nothing bad is going to happen if they stop mining. Power goes out to hospitals, schools, airport, business and such you have a much bigger problem. They do the same in Texas during extreme events.

I don't know of many currencies I would want to be left holding in a trade. Rupee's , Ruble no way. Euro's could work but not sure.

Say country X buys billions in whatever from country Y. What the heck is country Y going to do? They are going to have to exchange it somehow or where so it's a mute point. Unless it's a true trade like the cement for your coal or whatever. I am unaware of that happening at any scale. (trading gold is clunky but still works)

I'm sure many countries are tired of us printing and exporting inflation to them. 

I hope the alt coin shit dies and that market cap pours in BTC. I really don't expect much more from altcoins than a few flair ups or Elon comes out like the Doge incident. So many it's stupid and diluted.

I quietly went by but the new EDX exchange (big boys) seemed to breath some interest in Litecoin and Bitcoincash. They utilize "The exchange offers trading in Bitcoin, Ethereum, Litecoin, Bitcoin Cash"

https://en.wikipedia.org/wiki/EDX_Markets

I will be sticking with what the big boys do going forward.

I keep as little as possible on my exchange, long term stuff get's moved to HW wallet. However I do have a presence on Fidelity but they are not an exchange and I am not worried about them. I can move in and out of the market with zero overhead. You just can't move anything in or out and I kinda like that for what I use it for.

Well that red head at the end of the bar.... oh oh oh bitcoin

started on blockfi until they went tits up, ledger/live now. but for invest trading stuff Fidelity, too easy

Here is a prime example of the "me too" firm grasp of the well known and obvious! Thanks for adding to our knowledge.

ETF and indexes can be handy like SPY, VNQ FXAIX and such for the proper situation.

Some entities cannot directly buy bitcoin but can hold an ETF or indirectly get some exposure through Micro Strategy. Possibly a much easier to sell the board in a corporate setting.

Would I hold a BTC ETF myself no. Maybe in my matching 401k if I could. Much more valuable sitting here in HW wallet.

Gary would need to be replaced first, the big guys in govt don't want bitcoin at all because it's poses a threat.

Bitcoin is a TERRIBLE choice for anyone nearing or in retirement. You simply don't have the time or income to recover. I think a number of no more than 5% of portfolio tops on a good day. If it gets rowdy and jumps up move the money into more secure positions. I have alot of friends who lost their asses on "sure things" in retirement. I had a friend go into retirement from an airline and he had his investments in the airline too, company man. Company folded along with his pension and stock. Don't get greedy in retirement portfolios as you age, ever.

If you young sure play with it, don't make it you only thing.

ALLOT of Bitcoin has been seized by the US govt.

Realizing large profits without paying taxes will get you bracelets and the cool things you purchased, gone.

Wrong

Yeah I hear ya, just soooooo over this Bitcoin vs Gold imaginary grudge match. It's a simpletons argument

I love how a bunch (esp nubes) come in and explain the obvious anyone who has been around a minute already knows. It doesn't make you smart to repeat what's been said a bazzion times.

Oh it's finite!
Oh it is more volatile to make more money!
It's a better investment!
Gold is heavy!
I can send this around the world in seconds!

Yeah yeah yeah, we all knew that already ad nauseum.

What would make you smart is to show how you can wrap BTC and Gold together in a symbiotic portfolio (with other) to gain a position of wealth.

You can put all your eggs in one basket and roll the dice and make some money/returns. The hard part is retaining wealth and still have above water money when the ark is floating. When that volatile sure thing goes under your avg cost and you must sell, it's a painful yet expensive learning experience.

Bitcoin is an awesome tool in a quiver of many

This is NOTHING new at all guys...

Bitcoin has always CLOSELY mirrored big tech. Anyone in this business for a few years already knows this.

Rookies