#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
- StephenPKendal
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