Johnson said, “If we had a more equal distribution of income, and much more money and energy going into public school systems, parks and recreation, the arts, and health care, it could take an awful lot of sting out of society. We’ve largely dismantled those things.” Some cryptocurrencies case goes hell BS Support
In May 2022, following a vote by Wikipedia editors the previous month, the Wikimedia Foundation announced it would stop accepting donations in bitcoin or other cryptocurrencies—eight years after it had first started taking contributions in bitcoin. That’s crazy. Why would CZ do such a thing? Cryptocurrencies are gradually becoming more mainstream. iStock
Bridgewater Associates founder Ray Dalio is another renowned billionaire who revealed his portfolio contained some Bitcoin and Ether last year. This revelation came just a few months after he questioned crypto’s properties as a store of value. What in crypto hell just happened to all your money? You’ve predicted before that bitcoin will hit $100,000 by the end of the year. You also predicted in January that ether would reach $2,600 in January, and we’ve already blown way past that — it’s lately been trading around $4,000. So are you revising your projection for ether?
A company called Coinbase has gone public, and Wall Street seems excited. Coinbase is a cryptocurrency exchange—it allows you to buy, store, and trade cryptocurrencies, which are invented kinds of alternative moneys. The most well-known of these are Bitcoin and Ethereum, but there are 4,000 different kinds of these invented new forms of money. (If you’d like to start your own currency, you can.) Photo Pit: Pantera at Ball Arena But we’re a long way from, I think, a decentralized world. And the question I have, and it’s a real question — it’s not a statement — is, will the consumer care? Right? It’s the back of the TV to the consumer. So does he even know the difference? And if consumers trust us, well, what’s the big deal? Until one day we get really drunk and decide to play funny tricks on ’em? You’ve got a lot of blockchains that I call BINOs — blockchains in name only. A blockchain is not a blockchain is not a blockchain. They’re not all the same. And I don’t think the consumer or the investor has put a lot of thought into that.