Reasons to feel cheerful part one

[Sheepy]

I guess a man who had a lot of fans could also make a lot of enemies amongst the less popular?

Well, that will teach to think you can escape and feel cheerful, not on your Nelly matey.
https://www.msn.com/en-gb/money/other/cryptocurrency-live-bitcoin-plummets-below-30k-as-nearly-100bn-wiped-off-crypto-market/ar-AAMjar7?ocid=msedgntp

[Sheepy]

John McAfee is not so cheerful.
I wonder if his crypto has been, shall we say, sequestered.
https://english.elpais.com/usa/2021-06-25/john-mcafees-journey-in-catalonia-from-a-semi-abandoned-hotel-to-a-cryptocurrency-operation.html

I guess a man who had a lot of fans could also make a lot of enemies amongst the less popular?

[Barry]

John McAfee is not so cheerful.
I wonder if his crypto has been, shall we say, sequestered.
https://english.elpais.com/usa/2021-06-25/john-mcafees-journey-in-catalonia-from-a-semi-abandoned-hotel-to-a-cryptocurrency-operation.html

[Sheepy]

https://www.msn.com/en-gb/money/technology/hacking-group-anonymous-issue-veiled-threat-to-elon-musk-over-crypto-market-trolling/ar-AAKLcBs?ocid=msedgntp
It would seem Elon playing mind games has been noticed erm, I guess he should expect a visit.

https://www.msn.com/en-gb/money/other/irs-investigating-leak-revealing-elon-musk-and-other-billionaires-paid-little-in-federal-taxes/ar-AAKQaKJ?ocid=msedgntp

[Sheepy]

https://www.msn.com/en-gb/money/technology/hacking-group-anonymous-issue-veiled-threat-to-elon-musk-over-crypto-market-trolling/ar-AAKLcBs?ocid=msedgntp
It would seem Elon playing mind games has been noticed erm, I guess he should expect a visit.

[Barry]

Bitcoin mining uses a lot of computer power and therefore a lot of electricity.
Perhaps it's profitable if you don't pay the bill.

https://www.bbc.co.uk/news/uk-england-birmingham-57280115

[Sheepy]

https://www.msn.com/en-gb/money/other/china-vows-to-crack-down-on-bitcoin-mining-trading-activities/ar-AAKeAls?ocid=msedgntp
Well not being one to judge the Chinese Communist party and how they do things, but they have sure broken out in a sweat. Cheerful, we don't want any of that malarky going on.

[Borchester]

When you put money into a bank the bank immediately loans it to someone.else, which effectively doubles the money supply and rate of inflation. The Chinese invented paper currency 1500 years ago and labelled it flying money because of the authorities habit of printing more than they should. The pound is rising against the dollar because Joe Biden is paying off his election promises with money he does not have. We pay income tax to build battleships to fight in the Napoleonic wars which have been over for 206 years.

There are no good or bad guys in finance, only the hope that the whole business won't go to spectacularly tits up. Usually it doesn't and we can sit back and enjoy the fun. 

[Sheepy]

The Colonial Pipeline hackers...
Now, it is said somewhere that they were paid $5 million in ransom. In the meantime the pipeline failed to flow, not because of a breakdown, but because they didn't know how to charge people while the billing system was down.
I bet you 50 Bitcoins it got paid in crypto currency and not in greenbacks. What was I saying about cryptocriminals?

I remember you saying it, but the Chinese are definitely spooked.
https://www.msn.com/en-gb/money/other/china-bans-financial-payment-institutions-from-cryptocurrency-business/ar-BB1gRFFI?ocid=msedgntp
You cannot send fear back through the Chinese Communist Party Sheepbrain, you need a navy and an army for that, I guess not then.

[Barry]

The Colonial Pipeline hackers...
Now, it is said somewhere that they were paid $5 million in ransom. In the meantime the pipeline failed to flow, not because of a breakdown, but because they didn't know how to charge people while the billing system was down.
I bet you 50 Bitcoins it got paid in crypto currency and not in greenbacks. What was I saying about cryptocriminals?

[Sheepy]

6 billion dollars in a day just think what the old boy network could have squandered that on?

[Sheepy]

https://www.msn.com/en-gb/money/other/bitcoin-crisis-value-sinks-below-50-000-as-joe-biden-tax-plan-sparks-panic/ar-BB1fY5YZ?ocid=msedgntp
Yes well Joe Biden, well when I say joe Biden I mean the central bankers who are going to save the world by putting everything under their control and sorting out the dope smoking coin heads who think they have escaped them. Who are now in a state of pure panic, could be worse, you could be ducking from incoming missiles?

[Sheepy]

https://www.msn.com/en-gb/money/other/it-s-britcoin-treasury-launches-task-force-into-creating-a-digital-currency-backed-by-the-bank-of-england/ar-BB1fPgug?ocid=msedgntp
LMAO for it to be a Crypto currency it cannot be centralised where your life is controlled by a central banker you halfwits.

[Sheepy]

https://www.msn.com/en-gb/money/other/top-investor-baillie-gifford-joins-bitcoin-rush-with-100m-funding-for-britain-s-blockchain-com/ar-BB1fRGGq?ocid=msedgntp

[Sheepy]

https://www.msn.com/en-gb/money/other/bill-gates-betting-on-total-collapse-of-bitcoin-as-cryptocurrency-plunges-in-value/ar-BB1fP4oX?ocid=msedgntp
LOL well they would say that though. The three stooges.