Some interesting comments here by Max...Im inclined to agree with him...I think Elon's immense wealth means he doesnt really have to understand Bitcoin to 'Play' with it...https://youtu.be/tPZIKDzvxb8
Would be interested to hear what the point of view is on a recent increase in press statements as follows: ‘Bitcoin may soon consume more power than Australia’— almost 10 times more than Google, Microsoft and Facebook combined. Is there anything behind this or is it just another angle of attack against bitcoin prompted by remarks by Bill Gates?.....is it even possible to calculate consumption in this way?
Here is the statement from the President of the aforementioned Bank....So he is either purposefully missing the point of Decentralisation or he actually doesn't understand the difference between Bitcoin and a bank implemented cryptocurrency?..... "I would suspect, down the road, that a number of central banks will have digital currency," he said. "When there is a digital currency available, other than the underground economy, it’s not clear why people would use bitcoin."
Has anybody actually seen the Tesla purchase on the blockchain to prove it actually happened?..would be interesting to see it if it was a single transaction?
This week The Bank Of America warned that Bitcoin is going to be a giant 'bubble' - I dont think Banks are reliable 'barometers' when making Bitcoin predictions as I have seen so much negativity from them since 2017 - Now the Banks and Governments are talking about launching their own Crypto to complete with Bitcoin but surely this wont be decentralised so its not really going to be 'The internet of money' is it?
I currently use 'buy bitcoin' .org - they charge 5% on the purchase and then POLI take 3.9% to process the payment - this is on top of whatever the charge is actually on the blockchain transaction itself - Does anybody know a cheaper way of purchasing bitcoin ? (this is direct purchase of Bitcoin that are then stored on a hardware 'cold' wallet - not Bitcoin exchanges)
I bought $1000 of bitcoin , admittedly during a ‘skyrocket’ upwards phase in late November ...my transaction fee was $71...probably due to high traffic - other fees for transactions earlier that month were virtually nothing. Is there a way of avoiding or lessening this during these ‘going to the moon’ times?