Activity Lesson 5

[jostrings]

Bitcoin is a bit Coin today, But a full Coin in intrinsic way.

The memory part of it is effective because of the rhyme. It means that Btc is not used as a medium of Exchange globally today, But Can still work as a medium of Exchange when it comes to the intrinsic aspects.

[Markus_Bielaszka]

Mining costs a lot of electricity.

[RARA1208]

1.https://www.google.com/url?sa=i&url=https%3A%2F%2Fcoinmixed.eu%2Fthe-best-crypto-memes-that-will-get-you-through-a-bear-market%2F%23%3A~%3Atext%3DThe%20best%20crypto%20memes%20that%20will%20get%20you%20through%20a&psig=AOvVaw0YU9agXlgjxPbJWAHjF1OH&ust=1597391378662000&source=images&cd=vfe&ved=0CAIQjRxqFwoTCMDG2YDZl-sCFQAAAAAdAAAAABAD

1.bitcoin will be the new currency.

2.https://www.google.com/url?sa=i&url=https%3A%2F%2Fcoincentral.com%2F11-bitcoin-memes%2F%23%3A~%3Atext%3DThe%20crypto%20markets%20can%20be%20stressful%20and%20unlike%20the%20stock&psig=AOvVaw0YU9agXlgjxPbJWAHjF1OH&ust=1597391378662000&source=images&cd=vfe&ved=0CAIQjRxqFwoTCMDG2YDZl-sCFQAAAAAdAAAAABAJ

2.bitcoin is very user friendly.

[Arjo]

True story for most pepole when they realize the value of Btc!

[david.maluenda]

[DaniVave]

[cpblock]

BTC is trustless and open to all

[guillepc2015]

More and more computing power is needed to mine bitcoin, which requires more and more electricity. The more miners, the more computing power needed to crack bitcoin’s math problems.
As bitcoins become more popular and valuable, the puzzles miners face grow more difficult, and therefore the demand for high-powered computer processing grows as well. That means more energy usage

[Malu]

Working smarter not harder

[BC_Hallick]

I take this picture from an other student here, but this is so very true, even whit SEK
Today i cant even fill my foodwaggon whit 300 SEK anymore. its terrible.

[cromicron]

Bitcoin, being constantly imprinted on the public blockchain cannot be seized without your consent, because as long as you hold the private key, noone can move the funds on your adress.

Bitcoin Memes

[sharkycryptoninja]

BTC is completely neutral and decentralized. Central banks cannot diminish the value of your bitcoin unless they buy and sell it on their own. Having financial security outside of central banks will allow individuals to have more agency in all aspects of their lives.

[timl]

[TxKidd0572]

Although Bitcoin’s technology is very sound and secure and it one reason to use it, many are in crypto currency to gain wealth as well. Two very good incentives of Bitcoin and crypto technology.

[Alain]

Inflation vs wealth

[idk]

Bitcoin can’t be printed and controled by governments

[JOE78]

https://images.app.goo.gl/aWGFvrrVK7qcUx8z7

Because the Bitcoin looks better than the dollars.

[Tesla]

This shows the belief in the long term value of BTC.

[dFresh]

I was trying to find the Peter Schiff bicycle meme where he losses his private key (hence his Bitcoin) and subsequently blames the Bitcoin network/protocols lol

[AB-MANDO222]

this meme implies the fact that bitcoin is a fair neutral form of currency, while at the same time criticizing college tuition for having massive percentage gain in cost of tuition similar to the way bitcoin pumps.