Replies to post #610 on Hut 8 Corporation (HUT)

[77Port]

Really interesting link about Germany beginning to allow investments in special funds, including crypto. Lets hope they've been following Blonity, the German YouTuber who made understandable a serious amount of data regarding crypto mining and miners.

[hobowilly]

WOW, I mean how great is that?

Germany enters the market and China exits!!!!

I still believe that China has something up their sleeve.
The motives of a country whose culture is 100% egocentric and does not contain one scintilla of altruism are easily imagined. But the specifics, until revealed, are left unknown.

Something is coming. What is it?

They may believe that through some form of chicanery they can upset the world economy and come out on top. But to believe this might be slightly naïve and very arrogant. Although every country is motivated by enlightened self interest there is no going around the plate of spaghetti which represents the entanglement of the world economy. IMHO ;-)

[hobowilly]

This is interesting. Not one word of Crypto Mining power needs.

China is facing its worst power shortage in a decade. That's a problem for the whole world
https://edition.cnn.com/2021/06/30/economy/china-power-shortage-intl-hnk/index.html

Also note that Hydro-Electric power is adversely affected by drought.
Geothermal power is King. El Salvador is the place.

[bigbux1]

Interesting, why is BTC down? Nothing makes sense anymore, lol