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I have also been looking at Crypto Currency for a while. I haven't put any money into it yet but it has matured a great deal over the past 5 years. This guy in particular on the tube has quite a few videos on how to set it a wallet and actual use crypto currency. https://www.youtube.com/c/CryptoDad/videosYou are correct that trucking is trying to go autonomous. I doubt we will see origin to destination fully automated in the next 10-15 years but they are moving the over the road option there the fastest. Similar to the old Yellow Freight days where you had over the road drivers take it to a terminal and the they would break bulk the freight and then deliver last mile or send it on to next terminal. I think you will see autonomous between terminals and then human drivers continue to do the last mile type of load completion. The trucks aren't the issue. It is mixing them with the 4 wheelers that is the biggest challenge. Oh, and they will be all electric too.
So are you looking to it as an investment or as a mode of payment/transaction?I don’t know much about it except that it’s based on block chain technology and security. Sent from my iPhone using Tapatalk
OK Don, good info all around. You got me investigating.There has been a meteoric rise in the past week or so. I might be inclined to wait for the inevitable pull back (??) to get it.Although, now I am looking at the ETFs based on crypto. No keeping up with wallets, and all the other hassles. You can short them and trade them like stock.Still looking and watching. May get a bit into the ETFs and see what’s what. It’s obvious as you have pointed out that a lot of cash is flowing in right now.Sent from my iPad using Tapatalk
That’s really great. Assuming you stay high. Sent from my iPhone using Tapatalk
Just for kicks I got into Greyscale Bitcoin ETF. Went up significantly in the last 2 weeks and I didnt have to setup a wallet, etc. It’s an ETF on trading sites so much easier. Not sure if it will track in a pure linear fashion but I like the ease.Sent from my iPad using Tapatalk
So I’ve been doing my own research on this phenomenon. One big hang up I keep having is that the Fed doesn’t like competition. If you look at history it’s pretty obvious, from gold to other items. Even though the Fed is privately owned they have the muscle of the US government. The other fact is that typically it is illicit money that gets into things that big brother can’t track. Then I wake up to this report this morning and while I’m not exactly correct it appears that the same issue is being brought up with IMFhttps://www.zerohedge.com/crypto/ecbs-lagarde-calls-global-regulation-reprehensible-bitcoin
Shawn is correct in my view that this is the enemy of big banks and big government...What, no control??? Preposterous!Therefore I thing T has characterized the reaction to BitCoin by controllers, err, banksters correctly. Never the less, no matter what banks or nation states or the king of Siam ever does, Bitcoin will still be here. It, seemingly, cannot be destroyed and defies control measures. It is actually more rare than gold and I really think will replace Gold as one of the most valuable things known to man.On to other things. We've all had a great look at the trading swings of Btc over the past two weeks. Rising as much as 10% in 24 hours to a high of something north of $41,000, it fell to a low of around $31,000. A $10,000 trading range is anything but stable making for some fun (not so fun) shifts of 33%.I see this as another set of labor pains as this thing wrestles with the traditional authority on earth to take off for the stars. A load more of money printing is about to arrive as we no longer even consider the rising debt and possibly eliminate it altogether in one fail-swoop with the introduction of Fed-Coin. When that happens it will be nothing but smoke and mirrors behind the scenes where the books are adjusted to fit the narrative.
https://news.yahoo.com/man-says-threw-away-hard-105504676.htmlSent from my iPhone using Tapatalk
https://www.zerohedge.com/markets/herd-coming-novogratz-sees-bitcoin-100000-every-company-buys-it
https://www.zerohedge.com/crypto/bitcoin-holds-record-highs-jpmorgan-co-president-admits-well-have-be-involved