MARKETS A LOOK AHEAD: The Fed. ADMITS U.S. Economy Is Slowing. Mannarino
From Greg M
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I was talking to few teenagers in Starbucks. They all have bitcoin but no one knows anything about how it works. This idea has really charmed them.
All cryptos are useless. They have no value whatsoever. Not good even for smart contracts. Distributed ledger will not work because you have to pay the miners for every transaction and it's a significant amount. Crypto go to zero as transactions go to infinity but way before that really.
Musk is thinking which coin to pump next. It's taking a lot of time because there are over 10,000 to choose from ! I understand him.