OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Bitcoin topped $58,000 today

Posted by eeos @ 17:16 on February 21, 2021  

On fire. It’s only going to take a few BTC whales that could decide to buy some Gold or Silver

Probably the dumbest part of the bubble: https://www.bloomberg.com/opinion/articles/2021-01-26/is-bitcoin-mining-worth-the-environmental-cost

So yes Gold has ugly environmental impacts too, but I like it b/c you can see it and know exactly where it is. Instead of a jump drive. Gold mining is easily identified and taxed, where BTC is just random computers in rooms. Good luck trying to find them. Miners are mostly in Iran and China they say. Miners have also bought up all high-end GPU’s (Graphics Processor Unit) which are essential in so many technical computer fields.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.