And anyone can put a number on a piece of paper and try to sell it.
I’m also always saving what I can but from my knowledge there isn’t many people in my generation that save much, and even if they do there student loan, car, phone, and credit card debt would most likely wipe out any savingsDontvtar everyone with the same brush. Some of us are old fashioned and have a rainy day account
An improvement in interest rates would be most welcome.
Less popular in China now….
Bitcoin is limited but the potential number of cryptocurrencies that share all the same decentralised, divisible, traceable properties of bitcoin are unlimited.. it’s like saying gold from one specific mine has a different value to the gold from anywhere else, it’s all just gold. China have banned crypto mining and trading, other countries If crypto threatens to become mainstream government who believe in using monitory policy to manage their economies will have to do the same.
I can paint a picture, but they're unlikely to be valued like a Van Gogh or a Rembrandt.
The important property that makes a Van Gough valuable isn’t that it is a painting, it’s because it’s a Van Gough not an Andy26. Bitcoins value is not because it’s Bitcoin it’s because it has the decentralised, divisible, tradable properties it shares with all cryptocurrencies
All currency is simply a “promise to pay” ever since they were de-linked from the “Gold Standard” - And the value of gold itself is purely notional anyway.
grain is the ultimate and original currency
No, that is far from it. You are pretending you can not differentiate between bitcoin and dogecoin. It is fine if you don't like it but that is just stupid.
Mad carry on over here in Ireland, new data centres popping up to use huge amounts of electricity while we try to reduce carbon emissions.
How much is down to anything non essential. You say mining crypto is pointless, I say all the energy put in developing video games is pointless.
How can it end
