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Re: Tesla has dumped 75% of its bitcoin holdings a year after touting ‘long-term potential’

By: Cactus Flower in ALEA | Recommend this post (0)
Thu, 21 Jul 22 3:43 PM | 18 view(s)
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Msg. 46441 of 54959
(This msg. is a reply to 46437 by clo2)

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By the way, I'm also a bitcoin sceptic. It makes no economic sense to me to have a currency that has no underlying guarantee under it. You find out if a currency can retain its value when there's a financial panic. At such times, things like Treasuries increase in value.

Bitcoin can be a gambling tool with units that have an exchangeable value between folks who like to bet on whatever it is. But it is not a currency at this point.




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The above is a reply to the following message:
Re: Tesla has dumped 75% of its bitcoin holdings a year after touting ‘long-term potential’
By: clo2
in ALEA
Thu, 21 Jul 22 2:31 PM
Msg. 46437 of 54959

He's not trustworthy IMO.

He's willing to try things regardless of how many might get hurt, financially.


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