Bitcoin up 34.1% in February
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Good luck in apocalyptic environment hauling around some gold coins and a pair of coin cutters. At that point, it doesn't matter. I've said I prefer gold, but it won't save you when there is no food.
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Up to 62k. I laugh when people call it fake. Do some of you idiots realize you can actually sell that thing and trade it for real money.??
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Can I pay my taxes directly in it (not by a conversion which creates a taxable event)?
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when is the approximate date the final bitcoin is mined?
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I’m confused. Does TurboTax allow you to pay taxes with gold bars or something? Explain.
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"And once again a demonstration of the intelligence of our resident Duck fans."
That's not a fair response. He asked a legitimate question which should be easily answered. The technology answers the first question. My concern with blockchain would be around quantum computing but we're probably a long way from that reality. The second question is a valid concern but IMO has been somewhat answered with companies like Blackrock getting involved with their ETFs.
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No. So it's purely a commodity then just like gold. One with a utility that could show itself to be useful at some point. I have no doubt it will do well vs the dollar, euro etc. in the short term as a hedge to currency. My concern over BTC is more about when/how governments sabotage it once its utility hits critical mass.
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It's also an electricity hog and the greens hate it. The North Wasco County PUD (The Dalles) has very cheap energy. Lots of big server farms and some Bitcoin miners hooked up to The Dalles Dam. So the fascist dems hate anything that they can't control and with increased support for using the government surveillance to monitor behavior, not to hard to shut it down if the government wants to.
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So is Bitcoin simply another form of a stock, or can you actually use it to buy food and pay bills? Seems like it's a speculative stock at this point in time unless you're a drug lord or child traficker.
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Oh Jesus get off the soapbox. Bitcoin is a virtual currency, punish the bad people.
the only way to stop bad people with Bitcoin is to arm the good people with Bitcoin!
