>>12668806>Silver mining takes real world labor, equipment, and time to ramp upAnd anyone here is so stupid they think that FED, or the biggest organizations and deep state running the biggest country on Earth, do not have " real world labor, equipment"?
With Bitcoin you would need like.. lost track of it... but probably like 10-100 billion USD, to create a gigantic amount of ASIC equipment, to make sudden jump in mining speed.
And that is only for like 2 weeks (retarget period).
After that you need to do that again, but you need to double existing power PLUS the one you just added.
And again in 2 weeeks. And again. You are exponentially undercutting yourself.
There is no winning.
There is no way to speed up Bitcoin long term coin generation speed by any notable amount.
If I would pump billions of USD into some equipment, after few months (how long is this SETF LARP going on) I would be able to mine silver faster, right?
Or just god damn pay off some auditors to NOT count physical silver.
Or are these delusionals aiming at buying ALL the silver lol.
Therefore, silver will never end the FED, not normally based on soundness of money, nor because this current squeeze.
This will be all a fart much like GME. Woopty-doo some people made x2 to x10 and that's about it for most.
Bitcoin will instead produce millionaires out of money-smart people (already did), and can slowly replace FED (replace reserve currency) - it already does that. That's why we must protect this at all cost, only shot at really destroying the bank-juden.
