Two former presidents tried to launch a new currency
Lincoln issued the "greenbacks" between 1861 and 1865
Kennedy created silver backed certificates through Executive Order 11110, in 1963
Lincoln un-lifed in 1865
Kennedy un-lifed in 1963
In 2009, mysterious Satoshi Nakamoto mines the first Bitcoin block
By 2014 Bitcoin kiosks are available publicly in the U.S.
Who is Satoshi?
"But, it's decentralized!...??"
Lincoln issued the "greenbacks" between 1861 and 1865
Kennedy created silver backed certificates through Executive Order 11110, in 1963
Lincoln un-lifed in 1865
Kennedy un-lifed in 1963
In 2009, mysterious Satoshi Nakamoto mines the first Bitcoin block
By 2014 Bitcoin kiosks are available publicly in the U.S.
Who is Satoshi?
"But, it's decentralized!...??"
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As an investment I'm not really caring about whether or not BTC is allowed to become currency... I'm more interested in what people believe in that respect. Once the ETF's came out BTC has begun to correlate with the markets as a whole. Investor psychology is key to investing.
Right now the inflows into the largest of the ETF's (IBIT) have been steady with some profit taking after the run ups.
The new administration is talking about making it part of our reserve system. That's going to be a big lift as it takes away the power the Federal Reserve was established to gather. Politics and power structures aside, as an investment that will cause more buying IMHO.
I bought the ETF on it's first day (first 15 minutes in fact) and haven't sold a share of it yet. I also have some direct crypto but that's held for a different reason.
Right now the inflows into the largest of the ETF's (IBIT) have been steady with some profit taking after the run ups.
The new administration is talking about making it part of our reserve system. That's going to be a big lift as it takes away the power the Federal Reserve was established to gather. Politics and power structures aside, as an investment that will cause more buying IMHO.
I bought the ETF on it's first day (first 15 minutes in fact) and haven't sold a share of it yet. I also have some direct crypto but that's held for a different reason.
One of my mining rigs just keeps growing, in the process of upgrading my home network as its bottlenecking my 3Gb fibre internet connection. So making the switch to 10Gb network at home this month, most of my network is 1Gb with a few 2.5Gb PC's an validator nodes.
Still working on my cable management
Still working on my cable management
I was under the impression the mining bitcoin didn't require fast internet, just reliable?
BTC isn't the only thing you can mine... plus If you have 70 devices doing stuff online, family streaming in 4k and playing games then you want all of that going through a larger pipe!
beats having a fireplace, but they are usually on standby, scheduled wake up once every 24 hours for 30 minutes (i choose 5pm) and a couple of random wakeups each month.
This is the UK, we don't build homes with AC here, there are maybe 7 days in July every 3 years where we need AC.
This is the UK, we don't build homes with AC here, there are maybe 7 days in July every 3 years where we need AC.
How do you manage the heat from the equipment? I've put AC is IDF and MDF rooms in Butte MT that runs year round for server racks.
"History doesn't repeat itself, but it often rhymes" -Mark Twain
https://blockonomi.com/microstrateg...ion-share-authorization-for-bitcoin-strategy/
*definitely not financial advice
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