2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 368.29

+0.6%

Nov 7 4:00 PM EST

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To: TobagoJack who wrote (169281)	3/15/2021 5:12:38 AM
From: Maurice Winn	1 Recommendation Recommended By SirWalterRalegh Read Replies (1) of 217576

but it’s hard to get a hundred million people to switch from one thing to another. And Bitcoin’s already got a hundred million people storing $400 billion of value. It’s really, really hard to compete with that. Like Dan [Boneh] said, there are lots of other use cases that are really interesting applications, but the digital gold version of crypto, I think is already done.” Not hard. Very easy. And there is no value stored. There is imagined stored value. When my dinkum digital money is ready, bitcoin will go to zero like a souffle under a sledgehammer. No value will be lost in bitcoin. The value loss already happened when megatons of energy was wasted on mining. The nominal value loss is no more real than the nominal value gain from $1 to $60 000. Bitcoin is not digital gold. gld is digital gold.. bitcoin is just 0s and 1s that have been bid up over $1 trillion. If it's bid up to $1 quadrillion, that doesn't mean it's worth that in actual things. When it's time for them to switch it will be simple. Open the door and watch the stampede. Mqurice

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