RE:RE:RE:RE:JP Morgan will now accept Blockchain assets
onthepath I can't stand the shadiness and hypocrisy of crypto which while being backed by absolutely nothing and stock companies need to be is just wrong in every angle. Having said this your points are overly simplistic. If this was such a big concern the founders should have been thrown in jail and every government around the world should have closed it all done as it is counterfeit currency as far as I am concerned. Be as it may why I say what you are saying is way too simplistic is because the crypto has not been effectively shut down and in reality more and more sprung up not to mention Japan Canada and the US legalized crypto in June of last year. Many merchants have accepted crypto payments the main ones like bitcoin and ethereum the ones considered most stable. The technology underlying it the block chain is improving in terms of security as well as transference speed this is actually what the currencies are being valued on and not only usage. So really not the currency but the block chain tech is the key anyone can value the tokens at whatever price they want and what is perceived by those who are using things and wanting to create brand loyalty so what you have is people buying and selling and propping things up on a brand loyalty that should really be seen as the block chain tech where the value is not the currency that's garbage if those companies can't show excellent transference acceptance of payments and become tied to major merchants all of those will die so from 1000 of these dime a dozen companies you will have a few major players but right now people trade currencies as they do any other world currencies which I suspect as I said the majority will disappear. I think the price based on rarity is absolute bs again the value should be based on usage of blockchain tech and not in the sense of trading that is the biggest ponzi set up you can get but by these companies going to legitimate businesses and being accepted payments and to keep internal corporate info exchanges safe that to me is based on something of value. In any case the banks are looking into the crypto as are the Governments to get rid of printing physical money. I can't stand crypto to be certain but they will be more and more a reality and here to say. I think Buffet has too narrow vision blocked his mind to where things are going and where there is legitimate valuation. If I who can't stand crypto for all the reasons you raised can say it has a place if done properly I don't know why Buffet can't. I do fully agree it needs to be backed by real hard assets as I suggested not just people pumping their brand and internal trading platforms that's horse cawcaw. As far as being dirty yes it is but there you go again distorting the facts and the companies objectives. I have looked into crypto quite early and I was of the view if it gets legalized and green I have less of an issue with it aside for what I said it should like all stock companies be backed by real assets such as actually gaining business from other businesses using their block chain tech the tokens are but an extension. Limited courage to artificially create value is criminal the currency value should drop heavily and be more accessible to everyone and it will need to be if Governments are looking to use it. If say btc is stubborn on this wanting 50k Canadian whatever the hell it is per bit screw them the government deals with those who is controlled by them and their issuance and then they should ban all this greetings and stop from this happening again I don't know how that will play out. As far as greening yes it has been suggested to utilize the run off of energy from all the oil and gas sector which is not being captured to mine the coins so in that way it is carbon negative. It is like saying if you boil something in water say vegetables that lose nutrients and vitamins that leaches into that water instead of throwing it out you make a soup....so the mining is using residual energy which would otherwise be wasted anyways. If you cared to talk to Julian he would have also told you how things are working at Daymak which I already explained and you stubbornly chose to ignore. They have a 74,000 square feet warehouse as we are talking about mining requires energy and gives off heat..so what Daymak has done is mine in cooler months where heat will be needed anyways. According to what Julian said after accounting for heat expense and mining in accordance of using that run off heat hence carbon negative the company makes $20,000 a month. So you are stuck presenting a very myopic version of what you believe to be the case of dirty tech. I wish you would be far less biased and caught up in your crusade to punish all the scammers and those who disagree with you and that you start talking objectively go straight to the source as suggested and tell the whole story not only one side because honestly your posts are factually awful!!! Sure to every point there are counter points. And while there are supply chain challenges I actually see more and more companies popping up to mine lithium base metals etc for Ev batteries. Is it as clean as it is touted well that is also debatable as the fine folks with hydrogen fuel cells will say otherwise BUT are they being objective? Everyone will protect their industry. The truth is all energy has their pros and cons and just because there are supply shortage doesn't mean the world stops moving. Oh by the way you are slamming Mercs as a liar about links he is posting stating that Governments are pouring monies into the EV stations etc he is right they are doing that so if you pride yourself as honest I think you best to start changing your posts in attacking people. In fact the charging stations have grown with some dips in a few years but has actually picked up recently just fact check for yourself as well as what Governments are committing to. If you are both as honest and fair minded about all this read the darn articles go to the sources see what they are saying and present two sides if the discussion not just one. You know what is often said the truth lies somewhere in between. I just got sick of reading all your biased posts for someone who prides himself as being honest you are delusional dude and very biased. I don't respect you as what you are doing and conveying of yourself BUT I respect you as a person and why I responded. I could have left your biased posts unresponsive to but I am responding this one last time to you to say be a man of honor the way you claim to be and present both sides of every argument not just your own as when you do you may see that there are merits to the other side but if you don't your choosing to only looking at one way or a few while narrowing your vision makes you biased and closed minded. The broader your vision and the more you are able to speak to facts make you more credible. 0 product 0 revenue et once again doesn't equate to fraud. As far as companies selling itself as a subsidiary where we get partial earnings is quite common I don't like it much but now Digi not too long ago did the same thing. Again these companies are following what is required by the exchanges and we have read the caveats so if you don't either like this or the caveats best not to gamble on the juniors. Sadly this happens on the Main Exchange as well it is all gambling but you have those that are proven stood the test of time generate far more wealth than these hence the classifications micro small mid and large cap companies. Best to stick with the proven forget these ones. Anyways this as I said my last post to you and possibly the boards. I will not likely respond I will not change what I said and whether you do or not this is a testament as to me saying for you to be something you claim to be but fail to act in that way. Sorry but that is the truth!!