If you didn't buy Bitcoin at $40,000...

[Reiwa]

Originally Posted by bardercase [You must be logged in to view images. Log in or Register.]

for me criptos are weird i prefer the currency BRICS [You must be logged in to view images. Log in or Register.]

BRICS isn't a currency. They should just use the rupee becos Hyrule.

Originally Posted by Duik [You must be logged in to view images. Log in or Register.]

But did it fail?
It may have failed the building part but im sure there is some residual monies owing to china. Or payment of some sort...

Happy to be wrong though. Ive not looked it up.

 

We stopped lending to them because they always welch on their debt

[shovelquest]

I cant not think of the failed belt and road initiative when I think of BRICS

[Duik]

Originally Posted by shovelquest [You must be logged in to view images. Log in or Register.]

I cant not think of the failed belt and road initiative when I think of BRICS

But did it fail?
It may have failed the building part but im sure there is some residual monies owing to china. Or payment of some sort...

Happy to be wrong though. Ive not looked it up.

[shovelquest]

I thought it had, but I just asked chat GPT and it filled me up with propaganda about how fantastic the economy is and how great everything is working out.

[shovelquest]

Imagine buying bonds "investing" in a communist country lol!

[Smoofers]

BTC fully legitimized as an investment vessel

[shovelquest]

Capitalist Monopoly money (bitcoin) is worth more than the economy of most nations.

Bitcoin's market capitalization stands at approximately $1.96 trillion USD. To put this into perspective, Russia's GDP was estimated to be around $1.78 trillion USD for the year 2023.

(things will change when Mohammed bin Salman is sitting on the throne of the worlds caliphate though) [You must be logged in to view images. Log in or Register.]

[Ekco]

Originally Posted by shovelquest [You must be logged in to view images. Log in or Register.]

Bitcoin's market capitalization stands at approximately $1.96 trillion USD.

what % of the coins are "dead" or w/e though to come up with that number.

A 2023 report from Unchained Capital, a Bitcoin financial services company, estimated that up to 3.8 million bitcoins have been lost. That's out of a total of about 19.8 million in existence today, and a maximum supply of 21 million tokens when Bitcoin is fully mined

so 3.8 million "lost" i assume they aren't counting the "Nakamoto owns 600,000 to 1.1 million Bitcoin tokens." coins or others that just haven't moved a wallet in forever or 10+ years.

[shovelquest]

Originally Posted by Ekco [You must be logged in to view images. Log in or Register.]

what % of the coins are "dead" or w/e though to come up with that number.



so 3.8 million "lost" i assume they aren't counting the "Nakamoto owns 600,000 to 1.1 million Bitcoin tokens." coins or others that just haven't moved a wallet in forever or 10+ years.

I dont know I just bought a free new car what are you talking about.

[Ekco]

The US government moved 20,000 Bitcoin worth $1.9 billion to Coinbase from a Silk Road-related wallet. The wallet still contains approximately $18 billion in Bitcoin after the latest transfer.2 days ago

Uncle sam about to play some market games.