NGU means “Not Giving Up.” It is a rallying cry for bitcoiners who are committed to keeping the dream alive of a decentralized, peer-to-peer electronic cash system.

NGU bitcoiners are often early adopters and evangelists for the technology. They are passionate about the potential of bitcoin to upend the traditional financial system and create a more equitable economic order.

The NGU motto is emblematic of the bitcoin community’s tenacity and resolve. Despite the challenges and setbacks, bitcoiners remain committed to the vision of a decentralized digital currency.

NGU bitcoiners believe that, in time, bitcoin will triumph over its challenges and become a major force in global finance.

Elon Musk is the CEO of Tesla, SpaceX, and Neuralink. He is also the founder of The Boring Company, a tunnel construction company.

Musk is a well-known advocate for renewable energy and electric vehicles. He has also been a vocal critic of bitcoin and other cryptocurrencies.

In a recent tweet, Musk said that bitcoin “seems like a good idea,” but that it “has serious scalability problems.” He went on to say that he thinks bitcoin is “quite brilliant” but that it “may have gotten ahead of itself.”

Musk has also been critical of other cryptocurrencies, calling them “a scam” in a 2018 tweet. In a recent interview, he said that he is not a fan of digital currencies because they are “highly centralized” and controlled by a few people.

Despite his criticisms, Musk has admitted that he is “open-minded” about bitcoin and other cryptocurrencies. In the past, he has even hinted at the possibility of Tesla accepting bitcoin as payment for its products.

In conclusion, Elon Musk has been both critical and complimentary of bitcoin in the past. However, it seems that he is open to the idea of digital currencies, despite their challenges.

In an interview with Financial Times, Charlie Munger, the billionaire vice chairman of Berkshire Hathaway, called Bitcoin “a real bubble”

Munger said that while he doesn’t own any Bitcoin, his son does, “to my shame.” He went on to say that he thinks the cryptocurrency is in a “real bubble,” and that people are buying it to make money, rather than using it as a means of exchange.

While acknowledging that blockchain technology is “brilliant,” Munger said he doesn’t understand why Bitcoin should be worth anything. “It doesn’t produce anything.

You can stare at it all day and no little Bitcoins come out,” he said. .

Munger’s comments come as the price of Bitcoin has surged to new highs in recent weeks. The cryptocurrency was trading above $11,000 on Wednesday, up from around $1,000 at the start of the year.

The rise in price has been driven by a combination of factors, including increased interest from mainstream investors, and a dwindling supply of new Bitcoin as more is mined and held by long-term investors.

Munger’s comments echo those of Warren Buffett, who has also called Bitcoin a “mirage” and compared it to gold. “You can stare at it all day, and no little Bitcoins come out,” Buffett said in 2014.

While Munger and Buffett may not be fans of Bitcoin, there are plenty of other investors who see the potential in the cryptocurrency. Billionaire hedge fund manager Mike Novogratz has predicted that Bitcoin could reach $40,000 by the end of 2018, while Goldman Sachs is reportedly considering launching a trading desk for cryptocurrencies.

Bitcoin is a cryptocurrency and a payment system, first proposed by an anonymous person or group of people under the name Satoshi Nakamoto in 2008.

Bitcoin is a peer-to-peer system, where transactions take place between users directly without the need for an intermediary like a bank or payment processor. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain.

Bitcoin is unique in that there are a finite number of them: 21 million.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services.

As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.

Bitcoin has been criticized for its use in illegal transactions, its high electricity consumption, price volatility, thefts from exchanges, and the possibility that bitcoin is an economic bubble.

Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin.

The conclusion is that Bitcoin is a cryptocurrency and payment system that has advantages and disadvantages. It can be used to buy goods and services or traded for other currencies.

Its price is volatile and it consumes a lot of electricity. It has been used for illegal transactions but it can also be used for legal purposes.

Bill Gates has been a long-time advocate for cryptocurrency and blockchain technology. In a recent interview, he even went so far as to say that Bitcoin is “better than currency.

” Here’s what Gates had to say about Bitcoin, cryptocurrency, and blockchain technology.

“Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient,” Gates told CNBC.

Gates went on to say that the main advantage of Bitcoin is its anonymity. “The main feature of crypto currencies is their anonymity. I don’t think this is a good thing,” Gates said.

“The government’s ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way.”.

Despite his reservations about anonymity, Gates still sees the potential in cryptocurrency and blockchain technology. ” cryptocurrencies are a rare technology that has caused deaths in a fairly direct way.”

“I’m not against cryptocurrencies,” Gates said. “I’m just against anonymous transactions . In general, I think the idea of an anonymous transaction where nobody knows what’s going on but there’s some core set of people who can unlock it is valid.

“.

Gates concluded by saying that he is “open-minded” about the potential of cryptocurrency and blockchain technology.

In conclusion, Bill Gates thinks that Bitcoin is better than currency, but he has reservations about the anonymous nature of cryptocurrency transactions. He still sees the potential in cryptocurrency and blockchain technology, and he is open-minded about their potential uses.

Janet Yellen, the chair of the US Federal Reserve, has said that Bitcoin is “a highly speculative asset” and that she is “not a fan”.

Yellen, who was speaking at a virtual event hosted by The Atlantic, said that she sees cryptocurrencies as more of a commodity than a currency. She added that she is “wary” of them being used for criminal activities.

Despite her caution, Yellen said she believes that the underlying technology behind cryptocurrencies, blockchain, has “potential” and could be used in a “variety of different ways”.

Asked whether she would ever invest in Bitcoin, Yellen said she is “not a fan” and would not do so.

In conclusion, Janet Yellen believes that Bitcoin is speculative and is not a currency. She is wary of it being used for criminal activities but sees potential in the underlying blockchain technology.