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AshishNegi
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Мечи
🚨 Bitcoin: The Biggest Ponzi Scheme Ever? 🚨 Is $BTC a revolutionary asset or a massive, government-hating bubble waiting to burst? Here are my views: Volatile for no reason: One day you're a millionaire, the next you're eating ramen. This isn't investing, it's gambling. Energy Wastage: Mining Bitcoin uses more electricity than some small countries! Bad for the environment, bad for your conscience. Anonymous Transactions: Perfect for criminals. Money laundering paradise. No intrinsic value: Unlike gold or real estate, Bitcoin has nothing backing it. Pure speculation. Governments are cracking down: Regulations are coming, and they could cripple the entire crypto market. Think I'm crazy? I don't care! 💥 Share your thoughts below! 👇
🚨 Bitcoin: The Biggest Ponzi Scheme Ever? 🚨

Is $BTC a revolutionary asset or a massive, government-hating bubble waiting to burst?

Here are my views:

Volatile for no reason: One day you're a millionaire, the next you're eating ramen. This isn't investing, it's gambling.

Energy Wastage: Mining Bitcoin uses more electricity than some small countries! Bad for the environment, bad for your conscience.

Anonymous Transactions: Perfect for criminals. Money laundering paradise.

No intrinsic value: Unlike gold or real estate, Bitcoin has nothing backing it. Pure speculation.

Governments are cracking down: Regulations are coming, and they could cripple the entire crypto market.

Think I'm crazy? I don't care! 💥

Share your thoughts below! 👇
I invested in $BTC in 2017 I asked my friends to do the same, they didn't listen rather argued with me. 2 of them are financial advisors for HSBC bank and ICIC bank. I called them both Noobs 😂
I invested in $BTC in 2017

I asked my friends to do the same, they didn't listen rather argued with me.

2 of them are financial advisors for HSBC bank and ICIC bank.

I called them both Noobs 😂
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Бичи
$BNB Feeling the heat?
$BNB Feeling the heat?
Днешна PNL
2025-01-15
+$116,94
+3.29%
My $LTC community are you waiting for the next scam? 😂 PS: I just hope it never happens
My $LTC community are you waiting for the next scam? 😂

PS: I just hope it never happens
Bored!!!
50%
Hell no!, I am very excited
50%
4 гласа • Гласуването приключи
I have shorted $BTC when #ElonMusk stopped accepting it for a Tesla and made a fortune out of it. My name is Ashish Negi and I am a Blockchain developer, and I've been in crypto since 2017.
I have shorted $BTC when #ElonMusk stopped accepting it for a Tesla and made a fortune out of it.

My name is Ashish Negi and I am a Blockchain developer, and I've been in crypto since 2017.
There are 2 $ETH bulls in this pic. can you guess who they are?
There are 2 $ETH bulls in this pic.

can you guess who they are?
My dad went to the Taj hotel in Mumbai Guess which coin they were accepting as the payment? Is it $XRP ? or $ETH ? let me know what your guess is in the comments section below. 👇
My dad went to the Taj hotel in Mumbai
Guess which coin they were accepting as the payment?

Is it $XRP ? or $ETH ?
let me know what your guess is in the comments section below. 👇
There is a hotel in Pune called NIPR, I literally paid my bills through $SOL The food was awesome and the manager was generous to give me a discount as this method is saving his taxes. 😋 Adopting is happening!
There is a hotel in Pune called NIPR, I literally paid my bills through $SOL

The food was awesome and the manager was generous to give me a discount as this method is saving his taxes. 😋

Adopting is happening!
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Бичи
No matter what the news says, There is only one $BTC chain and even if blackrock forks it's btc to a new blockchain we don't give a dayamm! There is only one OG Bitcoin blockchain and that is the chain created by #satoshiNakamato So the news or facts can go fc*uk themselves.
No matter what the news says,

There is only one $BTC chain and even if blackrock forks it's btc to a new blockchain we don't give a dayamm!

There is only one OG Bitcoin blockchain and that is the chain created by #satoshiNakamato

So the news or facts can go fc*uk themselves.
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Мечи
Who the F*u*k is Dumping $BTC ? Please stop it 😭😭
Who the F*u*k is Dumping $BTC ?

Please stop it 😭😭
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Бичи
Do you know what's the difference between $BTC and $WBTC ? Understanding Wrapped Bitcoin (WBTC) and its Role in Interoperability Blockchains operate independently, meaning cryptocurrencies like Bitcoin (BTC) are native to their respective blockchains (in this case, the Bitcoin blockchain). This isolation presents a challenge for interoperability between different blockchain ecosystems. To bridge this gap, wrapped assets like Wrapped Bitcoin (WBTC) are introduced. WBTC represents a 1:1 value equivalent with BTC, but it exists on the Ethereum blockchain. This allows users to leverage the functionalities and applications of the Ethereum ecosystem while still holding the value of Bitcoin. A crucial aspect of wrapped assets is maintaining a finite and secure supply. To ensure this, a process known as "pegging" is employed. For every WBTC issued, an equal amount of BTC must be locked and held in a secure reserve on the Bitcoin blockchain. This 1:1 backing guarantees that the supply of WBTC remains tethered to the actual supply of BTC, preventing the risk of inflation or devaluation of the wrapped asset.
Do you know what's the difference between $BTC and $WBTC ?

Understanding Wrapped Bitcoin (WBTC) and its Role in Interoperability

Blockchains operate independently, meaning cryptocurrencies like Bitcoin (BTC) are native to their respective blockchains (in this case, the Bitcoin blockchain).

This isolation presents a challenge for interoperability between different blockchain ecosystems.

To bridge this gap, wrapped assets like Wrapped Bitcoin (WBTC) are introduced. WBTC represents a 1:1 value equivalent with BTC, but it exists on the Ethereum blockchain.

This allows users to leverage the functionalities and applications of the Ethereum ecosystem while still holding the value of Bitcoin.

A crucial aspect of wrapped assets is maintaining a finite and secure supply.

To ensure this, a process known as "pegging" is employed. For every WBTC issued, an equal amount of BTC must be locked and held in a secure reserve on the Bitcoin blockchain.

This 1:1 backing guarantees that the supply of WBTC remains tethered to the actual supply of BTC, preventing the risk of inflation or devaluation of the wrapped asset.
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Мечи
I see #bitcoin is back below $100k! Seems like it's dead now and I'm glad I didn't buy into it. It's all a scam!
I see #bitcoin is back below $100k! Seems like it's dead now and I'm glad I didn't buy into it.

It's all a scam!
$BTC is the future, the future is now!
$BTC is the future, the future is now!
Do you know how $BTC and $WBTC are connected? comment below if it's a yes! let's share knowledge and make the world a better place! #WrappedTokens is a thing.
Do you know how $BTC and $WBTC are connected?
comment below if it's a yes! let's share knowledge and make the world a better place!

#WrappedTokens is a thing.
yes
53%
no
47%
72 гласа • Гласуването приключи
Do you get this meme, if yes then let's connect. $FTT and $ICP gang this is the guy responsible for these tokens to lose trust
Do you get this meme, if yes then let's connect.

$FTT and $ICP gang this is the guy responsible for these tokens to lose trust
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Бичи
What will happen first? $BTC will cross 100k again. $ETH will cross the 4000 USD mark again. $BNB will cross 1000 USD for the first time in history. comment below and let me know what you guys think, let's have a healthy and smart discussion together.
What will happen first?

$BTC will cross 100k again.

$ETH will cross the 4000 USD mark again.

$BNB will cross 1000 USD for the first time in history.

comment below and let me know what you guys think, let's have a healthy and smart discussion together.
Yes
70%
No
22%
Maybe
8%
1501 гласа • Гласуването приключи
If we don't cross 100k again on $BTC we are in a bearish engulfing. Be prepared for both, market to go up or down! #BtcNewHolder
If we don't cross 100k again on $BTC we are in a bearish engulfing.

Be prepared for both, market to go up or down!

#BtcNewHolder
Днешна PNL
2025-01-02
+$102,15
+2.81%
What's the purpose of $BTC ?
What's the purpose of $BTC ?
Store of Value
46%
Avoid Tax by Government
18%
No Use case Ponzi
13%
I really don't know
23%
307 гласа • Гласуването приключи
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