Jump to content

Recommended Posts

Posted
On 4/5/2025 at 2:21 AM, Brisketexan said:

Well, it's a lot like how a bucket with a buncha holes in it is a "store of water."  Works fine....so long as people keep pouring more water into it.  But once the music/water stops.....

You are literally so braindead that you have no idea that you actually just made the strongest possible argument for bitcoin and against the US dollar LOL. 

Posted

Businesses are always allowed to change their mind given changing conditions, but fairly big deal that Jamie Dimon will allow his customers to buy bitcoin. He was so stauchly opposed to it in the past and he's still expressing his reservations with this announcement. At the time I'm writing, it's unclear exactly what Chase will and won't allow when it comes to buying bitcoin. From the language they may actually allow customers to buy it, but they (Chase) won't be a custodian for you. 

https://www.cnbc.com/2025/05/19/jpmorgan-ceo-jamie-dimon-says-the-bank-will-let-clients-buy-bitcoin.html

Bitcoin up about $2K on the news today.

Posted
1 minute ago, Thetexashammer said:

You are literally so braindead that you have no idea that you actually just made the strongest possible argument for bitcoin and against the US dollar LOL. 

If the USD goes "poof"....pray tell, what GOOD will your crypto be?  How will you use it to procure goods and services here in the "we don't actually have a currency" USA?  Will you be able to access the internet?  Use electricity?

If the USD goes "poof," none of that shit will matter or be in play.

If you are investing in a hedge against the dollar's complete and total collapse, as a resident of this country, you'd be much smarter investing in crates of ammunition.

Posted
1 hour ago, Nice Guy Eddie said:

Businesses are always allowed to change their mind given changing conditions, but fairly big deal that Jamie Dimon will allow his customers to buy bitcoin. He was so stauchly opposed to it in the past and he's still expressing his reservations with this announcement. At the time I'm writing, it's unclear exactly what Chase will and won't allow when it comes to buying bitcoin. From the language they may actually allow customers to buy it, but they (Chase) won't be a custodian for you. 

https://www.cnbc.com/2025/05/19/jpmorgan-ceo-jamie-dimon-says-the-bank-will-let-clients-buy-bitcoin.html

Bitcoin up about $2K on the news today.

Cannot wait to see what happens when Vanguard opens up their wallet for Bitcoin. It will happen.

Posted
3 minutes ago, Tailgate said:

Cannot wait to see what happens when Vanguard opens up their wallet for Bitcoin. It will happen.

I've long thought the welcome to the big leagues moment will be when employers start to allow employees to buy bitcoin (actual purchase or ETF) with their 401ks. In a sense it will be purchasing an amount of bitcoin and putting it away for decades. That is where the scarcity of btc will come into play with less and less bitcoin for sale.

While there are now ~20m bitcoin in circulation with another 1m left to be mined, there are estimates that there are actually closer to 14-15m available. The rest being lost for a variety of reasons. If true, 15m is a small number. 

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



×
×
  • Create New...