I was a bit annoyed at first, but overall it's a good sign.
In the cryptocurrency world it's still "BTC". But in the traditional (fiat) currency trading realm they've added bitcoin as "XBT", right next to the US dollar "USD" and Japanese Yen "JPY".
tldr; Bitcoin hit a record high of $33,000 on Saturday, surpassing the $30,000 mark for the first time ever. The digital currency has tripled in value during 2020, growing steadily even as the stock market plunged in the early days of the coronavirus pandemic. Bitcoin experts remain bullish on the currency, predicting it could rise to $50,000
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
An XBT is a small probe that is dropped over the side of a ship. As it falls through the water, it measures temperature. Small wires transmit the temperate data back to the ship where it is recorded for further analysis. Because the probe falls through the water at a known rate, the depth of the probe can be inferred from the time of launch.
Right, because censorship is exactly what people who believe in bitcoin believe in! I think somewhere along the way you forgot your path! Bitcoin is decentralized and censorship resistant! Why should the main subreddit on Reddit be any different
🙄someone else falling for the dem v rep soap opera... don’t you get it? They laugh at us normies TOGETHER behind closed doors. Don’t make the mistake of thinking one party is the “good guy.” Buy crypto! Because govt is run by crooks of both parties.
"central banks will eventually come up with their own digital currency"
They still don't get it! lol I have been using central bank digital currency since... fucking ever. I login to bankofamerica.com and then click on paybill and then I type the digital amount of my bill and hit send! the the digital balance of my digital account gets subtracted digitally and then they pick up my trash and give me electricity for a month.
When you put it that way (the way that it is) it's hilarious. There's all this shit happening for me, and in terms of what I'm actually doing to get things like water out of pipes and stuff it's me moving my fingers around on a glowing, rectangular piece of metal and glass.
There's definitely something disingenuous about a statement like that. Knowingly making a comparison between BTC and CBDCs is either ignorant or deceptive and I don't think that the CEO of PayPal is ignorant of current events in digital payments.
They’re just trying to show that they’re not a threat to governments so they don’t get hit with regulations. Do you think it’d be smart to go on tv and start screaming about fucking over governments if you’re a heavily regulated payment processor?
There’s a time and place for everything and what to say. Even Raoul Pal who’s all in keeps saying that Bitcoiners really need to know when to say shit like this. Have those thoughts but fucking keep it to yourself until Bitcoin is strong enough to not be impacted by regulators.
You need to know how to sell it to people and you say different stuff to a different crowd
"I was wrong every time, but this time, this time I'm really right"
Yes we all know what happened after that, after that it got up to 34k. This is literally verifiably true just by looking at the price
Even if this is like December of 2017 all you have to wait is 3 years because last I check 34k is a bigger number than whatever it was in 2017. History repeats itself right? Your words genius
Old man yells at cloud as usual