Comments by "" (@mrpmj00) on "Bloomberg Technology"
channel.
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Companies (Tesla, square) that can't collect payment in real fiat money are turning to collecting monopoly toy money like
Bitcoin
TESLA AND BITCOIN ARE PUMP AND DUMP
Tesla's Bitcoin investment could be bad for the company's climate reputation...ironic
Bitcoin is a ponzi scheme.
Bitcoin is bad as money. Imagine u offer to buy a house for $300k, at closing a week to a month later, bitcoin wildly
fluctuates so either the buyer or seller is going to be PISSED OFF. WHAT STORE OF VALUE???
bitcoin is worth nothing to most people because If someone wants to buy my house or car and wants
to pay me with bitcoin, I'd say GO AWAY and don't come back until you bring fiat money.
Bitcoin and Tesla SPECULATION are gambling, not investing.
The government needs to create a law that forbids companies from buying bitcoin.
Bitcoin is not government insured if your money is stolen.
Bitcoin is favored for illegal activities: druglords, money laundering, child porn, human
trafficking, payments to Twitter hackers
https://www.nytimes.com/2020/01/28/technology/bitcoin-black-market.html
https://www.reuters.com/article/crypto-currencies-criminals/criminals-getting-smarter-in-
use-of-digital-currencies-to-launder-money-idUSKBN28J1IX
https://www.usnews.com/news/top-news/articles/2020-12-08/latin-american-crime-cartels-
turn-to-crypto-to-clean-up-their-cash
https://www.wsj.com/articles/treasury-department-proposes-new-requirements-on-
cryptocurrency-transactions-11608329785
https://www.zdnet.com/article/btc-e-founder-sentenced-to-five-years-in-prison-for-
laundering-ransomware-funds/
https://beincrypto.com/29-million-in-bitcoin-seized-from-dutch-dark-web-money-launderers/
https://thenextweb.com/hardfork/2019/09/13/scammers-are-now-selling-stolen-cash-for-
bitcoin-on-the-dark-web/
The carbon footprint of mining and the over all control that China has over this system.
Yes people, more than 60% of the mining power is located in china.
BTC is an “environmental disaster” as it consumers as much power as the entire country of Switzerland.
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For streaming stocks, BUY Amazon Prime, Disney +, Netflix.
Best companies: Amazon, Apple, Facebook, Nvidia, Microsoft, Netflix, Zoom so these are the stocks you want to own. Also Wells Fargo, Disney for the
recovery.
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I bought Amazon, Apple, Nvidia, Facebook, Microsoft, Google,
Wells Fargo,
CRM, , Broadcom (AVGO), Adobe, Docu
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- For streaming stocks, BUY Amazon Prime, Disney +, Netflix.
Profitable companies are Amazon, Apple, Facebook, Nvidia, Microsoft, Netflix, Zoom so these are the stocks you want to own.
Also buy Wells Fargo, Disney for the recovery..
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+FAANG stocks (Facebook, Apple, Amazon, Netflix, Microsoft) and Intel, Zoom...
___Disney, Wells Fargo, Boeing, Walgreens, IBM, Chevron, DOW for the recovery.
Warren buffet quotes: It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
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---I bought FAANG stocks (Facebook, Apple, Amazon, Microsoft) Netflix, and Intel, Zoom, ...
___Disney, Wells Fargo, Boeing, Walgreens, IBM, Chevron, DOW, SIEGY, AT&T for the recovery.
Warren buffet quotes: It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
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