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I don't see how it could ever be used as a practical form of payment with how volatile it can be.
Disclosure: I likely know less.
Re: Crypto News
I am disappointed that there has been little done with the infrastructure of bitcoin / crypto in order to make it a viable form of payment. But at this point, and with all of the controversy, it is still up more than 4X since the COVID lows, although below the 2017 highs. The die hard "Hodlers" don't seem interested in selling. Is it just shaking out those who don't know anything about it?
disclosure: I don't own any right now.
Tom
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Re: Crypto News
I don't see how it could ever be used as a practical form of payment with how volatile it can be.
Disclosure: I likely know less.
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Re: Crypto News
It would be confusing. We'll have to go to El Salvador and see how it's going there.
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Re: Crypto News
Here's some FTX / Sam Bankman-Fried crypto news (video). Some may call it conspiracy, but this guy seems to have done his homework.
https://www.youtube.com/watch?v=OYQMcYCN2EA
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Re: Crypto News
Senate Banking hearing set to take aim at FTX and cryptocurrency industry: ‘The largest Ponzi scheme in history’
https://www.cnbc.com/2022/12/14/sena...n-history.htmlThe Senate Banking hearing is set to take place just one day after new FTX CEO John J. Ray testified in front of the House Financial Services Committee.
FTX founder Sam Bankman-Fried was charged by federal prosecutors in the Southern District of New York for a wide variety of crimes including wire fraud, securities fraud and violating campaign finance regulations.
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