Richy_T
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Activity: 2786
Merit: 2435
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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March 11, 2023, 05:27:04 AM Merited by JayJuanGee (1) |
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No. All mining just moves outside of the US. More money goes to the Chinese.
The current administration appears to be financially incompetent (or actually malicious) so it's hard to discount this could happen.
Not many people can afford to move their mining operations out side to another country and I think this only applies to companies and not people like you and me who mine. Moving it to another country means you have to trust someone to run it for you or you have to put it in a house or location you own which is a security or cost problem that most people can not over come. Moves not to be taken as literal movement of miners and companies but rather changes in proportions by locale. Some companies could actually move, of course but a large proportion would more likely close and auction off equipment. Competition with countries like China is already stiff.
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LDL
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March 11, 2023, 05:48:03 AM |
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ChartBuddy
Legendary
Online
Activity: 2534
Merit: 2184
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 11, 2023, 06:01:19 AM |
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nutildah
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Activity: 3346
Merit: 9287
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March 11, 2023, 06:32:13 AM |
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According to Bitcoin experts
"experts"  
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ChartBuddy
Legendary
Online
Activity: 2534
Merit: 2184
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 11, 2023, 07:01:15 AM |
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Toxic2040
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Activity: 1834
Merit: 4197
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March 11, 2023, 07:07:46 AM |
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these banks...these so called stable cons..ffs...will they never learn
not your keys not your corns
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El duderino_
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Activity: 2870
Merit: 14192
“They have no clue”
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ChartBuddy
Legendary
Online
Activity: 2534
Merit: 2184
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 11, 2023, 08:01:16 AM |
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somac.
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Activity: 2151
Merit: 1308
Never selling
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March 11, 2023, 08:07:14 AM Merited by JayJuanGee (1) |
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USDC has exposure to Silvergate and Silicon Valley Bank. Basically USDC is no longer fully backed (if it ever was).
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shahzadafzal
Copper Member
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Activity: 1904
Merit: 3140
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ChartBuddy
Legendary
Online
Activity: 2534
Merit: 2184
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 11, 2023, 09:01:19 AM |
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ChartBuddy
Legendary
Online
Activity: 2534
Merit: 2184
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 11, 2023, 10:01:16 AM |
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cygan
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Activity: 3514
Merit: 10084
Top-tier crypto casino and sportsbook
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March 11, 2023, 10:25:12 AM Merited by JayJuanGee (1) |
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BobLawblaw
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Activity: 1883
Merit: 5823
Neighborhood Shenanigans Dispenser
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I just got off the phone with the CEO of Bitcoin and he said
ℕ𝕌𝕄𝔹𝔼ℝ𝕊
𝕎𝕀𝕃𝕃
ℂℍ𝔸ℕ𝔾𝔼
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bullrun2024bro
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Activity: 1946
Merit: 4882
Top-tier crypto casino and sportsbook
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March 11, 2023, 10:53:37 AM Merited by JayJuanGee (1) |
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Circle's USDC loses its peg an drops to $0.90. Risk-off in stables? Risk-off and buy Bitcoin instead! 
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ChartBuddy
Legendary
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Activity: 2534
Merit: 2184
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 11, 2023, 11:01:16 AM |
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ChartBuddy
Legendary
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Activity: 2534
Merit: 2184
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 11, 2023, 12:01:20 PM |
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Lucius
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Dum spiro, spero🎗️
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March 11, 2023, 12:07:20 PM |
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Huh? I am not into altcoins. But, WTF is happening in the market today? Three stablecoins de-pegged. Stablecoins are not stable anymore. ~snip~
Did you sleep through the Terra/Luna fiasco? Everyone who after that still decided to seek their financial stability in the so-called "stablecoins" just decided to ignore the warning, which was more than clear. 
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ChartBuddy
Legendary
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Activity: 2534
Merit: 2184
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 11, 2023, 01:01:18 PM |
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