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RE: LeoThread 2025-12-07 03:20

in LeoFinance8 days ago

Part 7/12:

From a historical vantage point, the creator shares a charming anecdote about JK Rowling, who once questioned Bitcoin, equating central banking to Voldemort and Bitcoin to Harry Potter—symbolizing the battle between traditional fiat and decentralized currency.

Skepticism and Contradictions in the Narrative

The speaker addresses skeptics like Dave Ramsey, who dismiss Bitcoin as a short-term speculation unfit for long-term portfolios. In contrast, some state pension funds are allocating hundreds of millions into Bitcoin, illustrating a stark contradiction between perception and institutional behavior. This disparity emphasizes that skepticism may be misaligned with actual investor strategies.

Mining Realities: The Cost of Mining in a Changing Environment