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So if Mr banker thinks BTC is not worth having then that’s reason enough to buy. Goldman is more then happy to have there fingers in the crypto etf’s lol .
The ASIC cost to make a BTC is around 5g.
All the energy it takes to make a BTC ? Well what about all the energy it takes to mine diamonds Which have no real use besides costing a guy a fortune.
BTC is definitely a punt no doubt about it and there is definitely a lot of shoe shine boys throwing there hard earned dollary doos in and saying how smart they are .
BTC limited number of coins created by the same sort of geeks that start Microsoft and Apple. No doubt we are in a .com bubble situation. But if you pick the right horse you will make it out the other end on top.
God it would be funny if these banks where saying all this crap so they could get in at a good price. Notice how as soon as the ETFs for cryptos comes in they form a head a shoulders pattern and keep forming them all the way down. To there ASIC price
Good old Goldman
When Perth mint starts its own gold backed crypto I’ll be in on that.
