Bitcoin (BTCUSD)

[trunkmonk]

The whole bitcoin thing is a ponzi, they say it’s going higher cause that’s what it costs to mine it. In what bizzaro world does cost of mining or production or whatever have to do with profits? It’s worth something. I don’t believe it’s useless. Cut it up a few more multiples and that 22 million coin fractions fit the world population. The premise is so stupid it makes me crazy. The fed coin makes more sense, it’s tracked with registry, taxable, safe, and can be used securely. But it will have nothing to do with ponzi flipcoin and most likely will be based on gold.