Look, I’m going to be real with you about what’s happening with Bitcoin right now. It’s not pretty.
  • funn@lemy.lolEnglish
    1·
    9 months ago

    I think the issue is people started buying etf instead of using Bitcoin themselves. Bitcoin as such has no value at all, it’s only valuable if people use it for transactions.

  • Autonomous User@lemmy.worldEnglish
    111·
    9 months ago

    Wrong, like the article shows, we can fork BlackRock’s Bitcoin away any time we want. We only need consensus. We control it.

    We never control the cash printers, the world’s best scam.

    • SinningStromgald@lemmy.worldEnglish
      4·
      9 months ago

      I’m going to entertain this out of curiosity. What do you mean “we can fork BlackRock’s Bitcoin away any time we want”? Do you mean starting a new coin? Because we have seen what happens there. The insiders get all the money and everyone else gets bent over.