Bitcoin Bananas (vs) Bitcoin Futures.?? As far as True Price Discovery of Bitcoin goes they are as about as useful as a "Chocolate Fireguard"..!!
#BitcoinFutures.?? They are as about as useful as a "Chocolate Fireguard"..!!
#BitcoinBananas (vs) #BitcoinFutures
Regular readers of my Blog will know my very thoughts on #Bitcoin Futures and what I really think of them.
It will therefore come as no great surprise when I share with you my latest tweet.
The tweet reads...
I see yet more "Bitcoin Bananas" have been created out of thin air.!!
I am still simply stunned that anyone thinks that these "Paper Bitcoins" are good for #Bitcoin.!!
Seriously?
The mind boggles.!!
https://twitter.com/StephenPKendal/status/1204431868931792902
If you are on twitter, please feel free to like / retweet the above tweet.
#Bitcoin capped at 21 million?
Anyone who still thinks that #Bitcoin is capped at 21 million are in for a nasty shock.
Sure, physical #Bitcoin is capped at 21 million but these "Paper #Bitcoins" are simply limitless by supply and are basically printed out of thin air.!!
21 billion "Paper #Bitcoins"?
Could we see 21 billion "Paper #Bitcoins" in circulation?
Sure, probably and most likely so.!!
#BitcoinBananas
That's why I call them #BitcoinBananas because as far as True Price Discovery of #Bitcoin goes they are as about as useful as a "Chocolate Fireguard"..!!
Total worthless..!!
Thanks again for reading.
Stephen
They're kind of printing Bitcoin, but on paper. I've endlessly tweeted on such news on twitter that Bitcoin futures are doing and will only do more wrong to Bitcoin but many are brainwashed by this mass adoption hype and consider such services are good for Bitcoin and the crypto space. I don't. I will search for you on twitter and retweet.
Nailed it.!!
Stephen