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Meet The World’s Most Powerful Bitcoin Backers - Oilprice.com - oilprice.com

Why run a business or work for one when you can mine bitcoins for the price of the servers and electricity? The higher the price of bitcoin, the more profitable it is to mine it. Why buy them from someone else? Why doesn't the Federal Reserve mine or buy bitcoins to pay off their debt. Same for the US Treasury department and the EU.
Of course, you might find it difficult to eat if all the farmers are busy mining bitcoins.

Commented 2324 days ago

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Beginning of the headline :Cryptocurrency may be one of the biggest threats to governments, security and the entire financial system that we’ve ever seen. It can help fund terrorism and its anonymity makes it almost impossible to track. Most importantly, it is poised to revolutionize global finance and banking. But our new Enemy No. 1 can’t be fought; it can perhaps be controlled. Banks have figured that out and are bringing crypto currency into the fold. The superpowers—U.S., China and Russia--will have to face the new r... Read More

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