General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
CNBC Television
comments
Comments by "" (@ericp1139) on "Jim Cramer on how investors should handle bitcoin's weekend plunge" video.
To answer Cramer’s question, Bitcoin could theoretically be more permanent than real estate. Once Earth gets destroyed, that real estate is gone. Bitcoin is just math, so as long as there’s a system that can maintain it, it can continue to exist.
12
You tell them to buy that dip.
4
@user-hc5hy3lm7k the argument is what is more permanent; not something you can live in. Do try to keep up.
1
Travel with Tony what do you consider not worthless then?
1
Travel with Tony so, when space mining is operational and precious metals are abundant, how much do you think they will be worth?
1
@user-hc5hy3lm7k with space mining, the supply of precious metals has no ceiling. If you don’t understand the concept, then your scope is too small.
1
@user-hc5hy3lm7k like I said, if the systems are in place to maintain the network, like with satellites and space stations, blockchain will persist. If you are breaking things down to the atomic level, then everything is “permanent.” But you own the rights to the real estate; not the atomic parts.
1
@user-hc5hy3lm7k information can last as long as there are mechanisms to maintain them. Even the US Constitution is still preserved, and if that eventually eroded, the information on that is still stored elsewhere.
1
@user-hc5hy3lm7k SpaceX has made space travel many times more cost effective. You think Musk, Bezos, and Virgin are going to space for fun? They all have space mining ambitions, and there’s a universe of precious metals out there. Your gold and silver supplies will get diluted. Bitcoin is hard capped at 21 million to ever be mined.
1