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Re: Panama City Approves Bitcoin and Crypto Payments for Taxes, Fees, and Permits 

By: Zimbler0 in GRITZ | Recommend this post (1)
Sat, 19 Apr 25 2:12 AM | 13 view(s)
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Msg. 06975 of 07352
(This msg. is a reply to 06938 by monkeytrots)

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Somehow, I suspect that Bitcoins 'volatility' makes it unsuitable for use in financial transactions.

And - fact check true.

>>>
Prior to May 2021, when China cracked down on Bitcoin mining and trading, Bitcoin miners were hugely concentrated, with around 60% – 70% located in China.

http://mitsloan.mit.edu/ideas-made-to-matter/bitcoin-who-owns-it-who-mines-it-whos-breaking-law

Bitcoin: Who owns it, who mines it, who’s breaking the law
>>>

(It is a fairly lengthy article. Zim.)




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Mad Poet Strikes Again.




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Re: Panama City Approves Bitcoin and Crypto Payments for Taxes, Fees, and Permits
By: monkeytrots
in GRITZ
Fri, 18 Apr 25 8:46 PM
Msg. 06938 of 07352

Bitcoin is pretty much only mined by the CCP - ie. Red China.

Shut down the bitcoin mines - nobody can trade/use existing 'bitcoins'.

Proof enuf ?


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