IBM
International Business Machines Corp.
stock NYSE

IBM & NVIDIA are my primary AI plays.

Just put a bunch of money into a brand new IBM

Interesting feedback. If I may, what do you mean by:
"Id also do something along the same lines with DUK. You only need 1 more share and you can get your exit planned with a covered call?"
I get the part of buying one more share of DUK would put me at 100 shares, but I don't fully understand the "Cover call" portion.
In regards to the first portion of your comment, I really like this suggestion. However, meeting the 100 shares quota for JNJ and IBM will require approximately $10K. Would it be wise to completely sell any of my current stocks to raise the funds to buy into those 2 companies, or, just fork out the money externally?

#Dogecoin Con-Arguments
Below is an argument written by CreepToeCurrentSea which won 1st place in the Dogecoin Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. Submit an argument in the Cointest yourself and earn Moons if you win. Moon prizes are: 1st - 600, 2nd - 300, 3rd - 150, and Best Analysis - 500.
> Dogecoin is a cryptocurrency that was created by IBM engineers as a joke aimed at cryptocurrency investors on December 6, 2013. It was regarded as the first meme coin, featuring the well-known meme dog "Doge." It has had its fair share of criticisms and triumphs, as well as media problems, particularly with regard to Elon Musk, CEO of Tesla, who also considers himself the "Dogefather." Dogecoin is now in the top ten in terms of cryptocurrency market capitalization, with a trading volume of around $233,000,000, and is down 90% from its all-time high.
>
> # CON's
>
> **Memecoin Limitations**
>
> * Even though it has progressed from being created as a joke to a now well-known coin in the top 10, Dogecoin is still limited to being considered a "memecoin." Even recent articles from news and social media outlets see Dogecoin as nothing more than a memecoin with a historical advantage over other memecoins. There isn't much innovation going on in the development of Dogecoin, either. While they may have developed a wallet and have some other dev blogs, it still doesn't keep up with the development of the other coins in the top ten by marketcap. The main point of this argument is that Dogecoin's utility is limited to being called money; aside from that, there isn't much going on right now that would significantly impact their position, and they may eventually be labeled a memecoin.
>
> **Unlimited Supply**
>
> * There will only be 21 million BTC available, with the final one expected in 2140. In comparison to Doge, which is theoretically endless in supply, it is an undesirable asset to hedge against inflation when paired with infinite mining, which will demand more advanced mining equipment in the future. It also doesn't help that it utilises the Proof of Work concensus, which necessitates a growth in miners in order to maintain the infinitely increasing amount of transactions. If Dogecoin and it's community is really serious about being one of the real deals of crypto, it must find a way to overcome a inflationary limitations imposed on it's code.
>
> **Price Manipulation by Famous People**
>
> * It's no secret that notable celebrities and artists are voicing their support for Dogecoin on social media. While this type of support is not illegal and does not depict any known premeditated acts of a pump and dump, it does not stop retail investors, day traders, long term hodlers, and whales from anticipating any post/interaction made by these celebrities with Doge and using the hype it created as an exploitative exit liquidity. Elon Musk, the CEO of Tesla, is the most well-known famous person that has been public about Doge. There are other celebrities and musicians (Snoop Dogg, Gene Simmons, Marques Brownlee, YouTubers Jake Paul and Logan Paul), but Elon has gathered the most popular backing, to the point where he was sued in federal court in Manhattan for $258 billion in damages. According to the plaintiff, Musk utilized his vast social media influence to promote the memecoin, fraudulently inflating its price.
>
> *Sources:*
>
> [*https://dogecoin.com/*](https://dogecoin.com/)
>
> [*https://www.coingecko.com/en/coins/dogecoin#markets*](https://www.coingecko.com/en/coins/dogecoin#markets)
>
> [*https://www.reddit.com/r/dogecoin/*](https://www.reddit.com/r/dogecoin/)
>
> [*https://foundation.dogecoin.com/*](https://foundation.dogecoin.com/)
>
> [*https://www.benzinga.com/markets/cryptocurrency/22/10/29387913/is-elon-musk-finally-giving-utility-to-dogecoin-twitter-reportedly-working-on-crypto-walle*](https://www.benzinga.com/markets/cryptocurrency/22/10/29387913/is-elon-musk-finally-giving-utility-to-dogecoin-twitter-reportedly-working-on-crypto-walle)
>
> [*https://www.dmarge.com/dogecoin-price-prediction*](https://www.dmarge.com/dogecoin-price-prediction)
>
> [*https://www.gfinityesports.com/cryptocurrency/dogecoin-how-many-coins-in-circulation-is-there-a-cap/*](https://www.gfinityesports.com/cryptocurrency/dogecoin-how-many-coins-in-circulation-is-there-a-cap/)
>
> [*https://www.ft.com/content/2c3dd96c-b1b1-42fd-ab46-8b4791bf1270*](https://www.ft.com/content/2c3dd96c-b1b1-42fd-ab46-8b4791bf1270)
>
> [*https://bitcoinafrica.io/2022/02/28/famous-dogecoin-supporters/*](https://bitcoinafrica.io/2022/02/28/famous-dogecoin-supporters/)
>
> [*https://finance.yahoo.com/news/8-celebrities-were-barking-dogecoin-205843101.html*](https://finance.yahoo.com/news/8-celebrities-were-barking-dogecoin-205843101.html)
>
> [*https://www.reuters.com/legal/transactional/elon-musk-sued-258-billion-over-alleged-dogecoin-pyramid-scheme-2022-06-16/*](https://www.reuters.com/legal/transactional/elon-musk-sued-258-billion-over-alleged-dogecoin-pyramid-scheme-2022-06-16/)
*****
Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgs5x/coin_inquiries_dogecoin_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Dogecoin) to find arguments on this topic in other rounds. Pros and cons per topic will likely change for every new post.
Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/1213q21/daily_general_discussion_march_25_2023_gmt0/).

I fear it is a fad. It has been \~60 years well understood technology. Only recently there is more digital data mining and look in big data applications developed. Several fields already suggest data collected are not useful. AI is not yet working. Poor medical images, biased diagnostics. Professionals need to start collecting data over for many years before people can use them effectively. On merchandise, searching it is very useful. There are some software companies may come up absorbed by Google, Apple, Meta and some semi-chip companies. One does better with big guys. Do you know IBM and even AT&T have most patents in AI?

VOO, SCHD, VHT, VFH, O, MPW, MAA, IBM, TXN, CSCO, MSFT, AAPL

**Bitcoin (BTC):**
Bitcoin is the first and most popular cryptocurrency in the world. It is the standard and benchmark for all cryptocurrencies. Its market capitalization dwarfs that of any other cryptocurrency, which makes it a valuable investment asset. In addition, Bitcoin has a limited supply of 21 million coins, and its value keeps rising as its supply diminishes. Also, Bitcoin is an excellent store of value and a hedge against inflation, especially in large economies with unstable currencies. With the increased adoption of Bitcoin by institutional investors and more countries recognizing it as a legitimate medium of exchange, its value is expected to keep climbing.
​
**Ethereum (ETH):**
Ethereum is the second most valuable cryptocurrency after Bitcoin. It is the underlying technology behind decentralized applications (dApps) and smart contracts, making it a versatile investment asset. Ethereum has a strong community of developers who create and improve decentralized applications, which add value to the ecosystem. Investing in Ethereum also means investing in the future of decentralized finance (DeFi) as more financial services become available on the Ethereum network. Furthermore, Ethereum is currently undergoing a major upgrade, the Ethereum 2.0, which will improve its scalability, efficiency, and reduce transaction fees, making it an excellent investment option.
​
**Cardano (ADA):**
Cardano is a newer cryptocurrency that has high potential due to its innovative technology. Cardano utilizes proof-of-stake, which requires less energy to power its network than proof-of-work cryptocurrencies like Bitcoin. Furthermore, Cardano was designed with a strong emphasis on security and scalability, making it an attractive option for investors. Additionally, Cardano has a strong and active community, with renowned scientists and developers, who regularly upgrade and improve its network. With its robust technology, innovative features, and growing community, Cardano has the potential to become a major player in the crypto industry.
​
**Solana (SOL):**
Solana is a relatively new cryptocurrency that has been gaining popularity. It is hailed for its scalability, high speed, and low transaction fees. Solana's technology can handle 65,000 transactions per second, which is a significant improvement compared to Bitcoin's transaction speed. Also, Solana uses proof-of-history consensus, which enhances security and avoids wasteful energy consumption. Furthermore, Solana has a strong and experienced development team that is continuously improving its blockchain technology. With its unique features, high-speed, and low transaction fees, Solana has a bright future in the world of cryptocurrencies.
​
**Stellar Lumens (XLM):**
Stellar Lumens is another cryptocurrency with great potential. Stellar's main focus is to provide fast and secure cross-border payments, making it an appealing option for investors interested in finance. In addition, Stellar has a strong partnership with numerous financial institutions and companies, including IBM, which enhances its potential as an investment. Furthermore, Stellar is a community-driven platform that emphasizes sustainability and inclusivity, making it an attractive option for investors who prioritize social and environmental values in their investments. With its focus on cross-border payments and partnerships with established financial institutions, Stellar has the potential to revolutionize the payment industry.
​
In conclusion, the world of cryptocurrencies is full of exciting options for investors, with Bitcoin, Ethereum, Cardano, Solana, and Stellar Lumens being among the most promising. Each of these cryptocurrencies has unique features, innovative technology, and potential for growth, making them worthy investment assets. As with any investment, it is crucial to research and understand the risks associated with each cryptocurrency before investing. However, for investors looking to diversify their portfolio and explore the world of cryptocurrencies, these five options offer excellent investment opportunities.

#Bitcoin Pro-Arguments
Below is an argument written by Nostalg33k which won 2nd place in the Bitcoin Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. Submit an argument in the Cointest yourself and earn Moons if you win. Moon prizes are: 2nd - 600, 2nd - 300, 3rd - 150, and Best Analysis - 500.
> Last entry:
>
> ​
>
> Writing a Pro argument for Bitcoin in 2022 seems complicated because everything has been said... or did it?
> Edit: I have a small bag of Bitcoin currently valued around 600 bucks. I am also invested in crypto around 2000 bucks which are always moving when Bitcoin is moving. Financial disclosure should be mandatory in these arguments =)
>
> # Bitcoin is the king of POW: Why it matters and why we need a strong Bitcoin
>
> So as the title suggests it, the recent news from Ethereum switching from POW to POS makes Bitcoin the sole serious POW cryptocurrency. In this write up, we are going to discuss the three main strength of Bitcoin, security, decentralization, and incentive for green energy production. In this write up we are not going to talk about speculation or the financial side of Bitcoin. Bitcoin is a highly liquid asset and has become nearly universally known as an investment. Many arguments have been made in favor of Bitcoin as an investment and if you want to read one, just go to past cointests.
> ​
> Of course, the main feature of Bitcoin is the Permissionless aspect. This won't be tackled at all as I think it deserves its own topic.
>
> # 1) Bitcoin: High security
>
> This topic has also been talked to death: Bitcoin is ultra secure thanks to its Blockchain and the way it is verified through proof of work. To explain this let me quote IBM:
>
> ​
>
> >Public blockchain networks typically allow anyone to join and for participants to remain anonymous. A public blockchain uses internet-connected computers to validate transactions and achieve consensus. Bitcoin is probably the most well known example of a public blockchain, and it achieves consensus through "bitcoin mining." Computers on the bitcoin network, or “miners,” try to solve a complex cryptographic problem to create proof of work and thereby validate the transaction. Outside of public keys, there are few identity and access controls in this type of network.
>
> ​
>
> [IBM on Blockchain security](https://www.ibm.com/topics/blockchain-security)
> ​
> Mining is measured in Hashrate. Here is the explanation of Hashrate:
>
> >Hash rate, sometimes referred to as hashrate, is a measure of the computing power on a cryptocurrency network that serves as a key security indicator. It measures the total computational power used by a “proof-of-work” (POW) cryptocurrency network to process transactions in a blockchain.
>
> [USNEWS explains hashrate](https://money.usnews.com/investing/term/hash-rate#:%7E:text=Hash%20rate%2C%20sometimes%20referred%20to,process%20transactions%20in%20a%20blockchain)
> ​
> So if the hashrate measures the security of the network, one may asks themselves: "Did the security of Bitcoin slowed when the price fell ?"
> [The hashrate is near the ATH and growing making Bitcoin more and more secure as it continues to build over time](https://ycharts.com/indicators/bitcoin_network_hash_rate#:%7E:text=Basic%20Info,101.2%25%20from%20one%20year%20ago)
> ​
> So Bitcoin has never been as secure as it is today which makes it ultra valuable as a way to settle financial transactions. Yes holding Bitcoin for a long time is risky but using it as a medium to settle international transaction may currently be the securest and one of the best way to do so.
> While Bitcoin is safe... what if a big part fails ?
>
> ​
>
> # 2) Bitcoin mining: Too big to fail.
>
> ​
>
> So this write up could be seen as a POW write up, which it is to an extent. But Bitcoin offers its history and shows that it can survive the disparition of a big part of the network.
> Decentralization allows for parts of the network to disappear and for the rest to take the mantle of securing the network. Yes, mining pools may grow too large for their own sake BUT in the end (nothing even matters) Bitcoin is heavily decentralized. It is so decentralized that, when China (which had a big part of Bitcoin mining) banned mining, Bitcoin just went through like nothing happened. Yes the hashrate fell a bit, the value too, but if we look back, it was nothing extraordinary.
> ​
> So if Bitcoin is highly secure and if it can survive part of the hashrate going bye bye, what makes it so good? What is the difference with any POW Cryptocurrency right now?
>
> ​
>
> # 3) Bitcoin: propping up the green energy sector.
>
> ​
>
> POW uses energy. One of the biggest concern about POW is the energy. While Ethereum was using GPUs and was asic resistant. Bitcoin mining is built differently. A long time ago, under oath, people discussed the environmental impact of Bitcoin Mining and I made a post explaining what was said:
> ​
> The Energy Fud Was Killed
> The most important thing that happened: The narrative that Bitcoin is too energy intensive was totally reversed.
> Experts of the sector explained that, Wind Farms and Solar Farms, have a variable load. This variable load means that sometimes they lose money because they produce too much and there is not enough demand. Bitcoin mining provides a variable base load for these projects. What it means is that, mining can be turned on and off depending on demand. It was revealed that most of these wind and solar farms would simply not exist without Bitcoin Farming as baseline customers.
> There are still miners that are using coal plants and fossil fuel but the leaders of the industry are developing in tandem with the green energy sector.
>
> [My post](https://www.reddit.com/r/CryptoCurrency/comments/s99phv/yesterday_one_of_the_most_bullish_events_ever/)
>
> ​
>
> # Conclusion: Bitcoin is the flagship of POW and it is a feature not a bug.
>
> ​
>
> Bitcoin, thanks to its value and tokenomics is seen as a good investment, this is also why miners commit huge amount of ressources to take the hashrate to new heights. These miners help the US grid to become more and more resilient. The future of Crypto and of green energy relies a lot on Bitcoin. Bitcoin has proven time and time again that it can shoulder these changes. Bitcoin is a good piece of technology and I hope people continue to invest in it because it is doing a lot of good for our future !
>
> ​
>
> #
*****
Would you like to learn more? [Click here](/r/CointestOfficial/comments/xsvuvr/top_coins_bitcoin_proarguments_october_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin) to find arguments on this topic in other rounds. Pros and cons per topic will likely change for every new post.

except for VXUS and maybe SCHD, the other 5 are basically all the same large American company stocks in different packages. look at the holdings and you're buying variations on Apple Amazon Tesla Microsoft Google etc. these are all basically the same so actually you're less diversified and getting more and more concentrated in the same stocks.
top 5 stocks in VGT are Apple, Microsoft, Nvidia, Visa, Mastercard (scroll down on the link) https://www.morningstar.com/etfs/arcx/vgt/portfolio
top 5 stocks in VTI are Apple, Microsoft, Amazon, Tesla, Nvidia: https://www.morningstar.com/etfs/arcx/vti/portfolio
top 5 stocks in FXAIX are Apple, Microsoft, Amazon, Alphabet/Google and Berkshire Hathaway: https://www.morningstar.com/funds/xnas/fxaix/portfolio
now compare to something like VIOO, which is an S&P 600 small cap ETF. very different top 5 stocks and little or no overlap with the other options: https://www.morningstar.com/etfs/arcx/vioo/portfolio
>but I am a firm believer that tech is the future..
if this line of reasoning were accurate, it implies that tech of the past was the best investment in the past.
but that's not true. the best performing stocks are usually boring and established industries. Philip Morris/Altria (a tobacco company) was the single best performing stock in the S&P 500, of all the companies that were in the index the entire time from 1957 to about 2000. Tootsie Roll was the 4th best performing stock, and performed better than IBM or AT&T which were a very innovative tech companies with numerous important patents. see page 14 of this study by professor Jeremy Siegel: https://rodneywhitecenter.wharton.upenn.edu/wp-content/uploads/2014/04/0429.pdf
new, important or innovative tech/companies are not necessarily the best investments. back in the 1800s there was a bubble in railroad stocks, when rail transport was the cutting-edge new tech. https://www.history.com/news/6-disastrous-economic-bubbles there was a bubble in internet stocks 20 years ago. there was a bubble in electric vehicle stocks only a few years ago. right now, there seems to be an Artificial Intelligence stock bubble that's beginning.

Back in my day, a common rallying cry/peer pressure move on Reddit was to advocate being part of the “1 Million club” by buying 21 BTC. Needless to say, I’m moving the opposite way (out of BTC/ETH into Moons). It’s a rare opportunity we have here, this is like cashing in early shares in Google for IBM stock back in 2002.

When Bill Gates says, "*AI is the only second revolutionary tech advancement in his lifetime*", EVERY investor should be looking for ways to invest in it. We all know Bill made his fortune by creating the OPERATING SYSTEM for personal computing...there is **ALREADY an operating system for AI**.
**VERSES AI ($VRSSF)** offers a PURE way to invest in AI:
1. They've developed a NEW form of AI (REgenerative AI using Active Inference). **This can be considered AGI "artificial general intelligence"**. Unlike ChatGPT's generative ai, VERSES KOSM doesn't need to be trained because **it learns in REAL TIME**. It can be used for
2. Built an **Artificial Intelligence operating system** called KOSMOS. This can be added on to ANY device, run in the cloud or on the edge. EVERY person now has access to next-generation AI that can extract knowledge from ANY database or environment.
3. **FOUR AI Applications**, each with multi-billion dollar revenue potential. WAYFINDER (the WAZE for warehouse), DATALENS (dynamic ChatGPT for enterprise), GUARDION (AI + geofencing for autonomous vehicles), GIA (personal agent).
4. First contract was a pilot that turned into a **$26M contract**.
5. **Fortune 500 clients** like Honeywell, AstraZenaca, Volvo, Lineage, EU. Recent reseller BlueYonder could help generate MULTI billion dollar revenue deals.
6. Management team consists of ex-Microsoft, Amazon, Apple, Intel, IBM and Accenture leaders.
7. Will have the IEEE protocols for BOTH AI and IoT. IEEE declared KOSM a "public imperative", which is the HIGHEST priority. IEEE sets the standards for electrical outlets, WiFi etc
8. Will launch the ONLY AI App Store. ANYONE will be able to build their OWN AI App using REgenerative AI. ALL of these apps will run through their App Store.
**Summary:** You're looking at the "Windows of AI" (operating system) combined with an AI App Store (Apple) run by ex Silicon Valley veterans...ALREADY generating revenue with Fortune 500 clients.
If you're looking for a high reward with lower risk way to invest in AI, VERSES is probably **the BEST penny stock and under $100m mkt cap you're going to find.**
Thoughts, comments?...what am I missing?

Nvidia, Google, Ford, AT&T, JEPI, SCHD, IBM, Enbridge, MMM, TXN and AVGO

Nothing can stay ontop forever. Look up the big tech companies 20 years ago. Then 20 years prior. Most of them are still around, but aren't kings or doing anything remotely similar to what they were. IBM was king before Apple. Apple was king before Microsoft. Etc... AOL and Yahoo were kings of the 90s. Now they're gone. Motorola was king of mobile devices. Now they make midrange phones. Sega was toe-to-toe with Nintendo, now they get by on software and hoarding IP.
TL;DR Bitcoin will probably be flipped, we just don't know how or when. Maybe ETH does it this year, or maybe quantum-AI-supercomputers make a new type of crypto that overthrows all the ones we are using now.

I had a girl friend who worked for IBM when it was being build. Cute nerd would always call her company eiibum. It was enduring. She loaned me her programming books that got me into the field.
I think iiibum changed hands several times. A Japanese company had it for a time and I freaked out thinking the Japanese were going to get their revenge for WWII. I was naïve.
Anyway, good memories.

#Bitcoin Pro-Arguments
Below is an argument written by Nostalg33k which won 2nd place in the Bitcoin Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. Submit an argument in the Cointest yourself and earn Moons if you win. Moon prizes are: 2nd - 600, 2nd - 300, 3rd - 150, and Best Analysis - 500.
> Last entry:
>
> ​
>
> Writing a Pro argument for Bitcoin in 2022 seems complicated because everything has been said... or did it?
> Edit: I have a small bag of Bitcoin currently valued around 600 bucks. I am also invested in crypto around 2000 bucks which are always moving when Bitcoin is moving. Financial disclosure should be mandatory in these arguments =)
>
> # Bitcoin is the king of POW: Why it matters and why we need a strong Bitcoin
>
> So as the title suggests it, the recent news from Ethereum switching from POW to POS makes Bitcoin the sole serious POW cryptocurrency. In this write up, we are going to discuss the three main strength of Bitcoin, security, decentralization, and incentive for green energy production. In this write up we are not going to talk about speculation or the financial side of Bitcoin. Bitcoin is a highly liquid asset and has become nearly universally known as an investment. Many arguments have been made in favor of Bitcoin as an investment and if you want to read one, just go to past cointests.
> ​
> Of course, the main feature of Bitcoin is the Permissionless aspect. This won't be tackled at all as I think it deserves its own topic.
>
> # 1) Bitcoin: High security
>
> This topic has also been talked to death: Bitcoin is ultra secure thanks to its Blockchain and the way it is verified through proof of work. To explain this let me quote IBM:
>
> ​
>
> >Public blockchain networks typically allow anyone to join and for participants to remain anonymous. A public blockchain uses internet-connected computers to validate transactions and achieve consensus. Bitcoin is probably the most well known example of a public blockchain, and it achieves consensus through "bitcoin mining." Computers on the bitcoin network, or “miners,” try to solve a complex cryptographic problem to create proof of work and thereby validate the transaction. Outside of public keys, there are few identity and access controls in this type of network.
>
> ​
>
> [IBM on Blockchain security](https://www.ibm.com/topics/blockchain-security)
> ​
> Mining is measured in Hashrate. Here is the explanation of Hashrate:
>
> >Hash rate, sometimes referred to as hashrate, is a measure of the computing power on a cryptocurrency network that serves as a key security indicator. It measures the total computational power used by a “proof-of-work” (POW) cryptocurrency network to process transactions in a blockchain.
>
> [USNEWS explains hashrate](https://money.usnews.com/investing/term/hash-rate#:%7E:text=Hash%20rate%2C%20sometimes%20referred%20to,process%20transactions%20in%20a%20blockchain)
> ​
> So if the hashrate measures the security of the network, one may asks themselves: "Did the security of Bitcoin slowed when the price fell ?"
> [The hashrate is near the ATH and growing making Bitcoin more and more secure as it continues to build over time](https://ycharts.com/indicators/bitcoin_network_hash_rate#:%7E:text=Basic%20Info,101.2%25%20from%20one%20year%20ago)
> ​
> So Bitcoin has never been as secure as it is today which makes it ultra valuable as a way to settle financial transactions. Yes holding Bitcoin for a long time is risky but using it as a medium to settle international transaction may currently be the securest and one of the best way to do so.
> While Bitcoin is safe... what if a big part fails ?
>
> ​
>
> # 2) Bitcoin mining: Too big to fail.
>
> ​
>
> So this write up could be seen as a POW write up, which it is to an extent. But Bitcoin offers its history and shows that it can survive the disparition of a big part of the network.
> Decentralization allows for parts of the network to disappear and for the rest to take the mantle of securing the network. Yes, mining pools may grow too large for their own sake BUT in the end (nothing even matters) Bitcoin is heavily decentralized. It is so decentralized that, when China (which had a big part of Bitcoin mining) banned mining, Bitcoin just went through like nothing happened. Yes the hashrate fell a bit, the value too, but if we look back, it was nothing extraordinary.
> ​
> So if Bitcoin is highly secure and if it can survive part of the hashrate going bye bye, what makes it so good? What is the difference with any POW Cryptocurrency right now?
>
> ​
>
> # 3) Bitcoin: propping up the green energy sector.
>
> ​
>
> POW uses energy. One of the biggest concern about POW is the energy. While Ethereum was using GPUs and was asic resistant. Bitcoin mining is built differently. A long time ago, under oath, people discussed the environmental impact of Bitcoin Mining and I made a post explaining what was said:
> ​
> The Energy Fud Was Killed
> The most important thing that happened: The narrative that Bitcoin is too energy intensive was totally reversed.
> Experts of the sector explained that, Wind Farms and Solar Farms, have a variable load. This variable load means that sometimes they lose money because they produce too much and there is not enough demand. Bitcoin mining provides a variable base load for these projects. What it means is that, mining can be turned on and off depending on demand. It was revealed that most of these wind and solar farms would simply not exist without Bitcoin Farming as baseline customers.
> There are still miners that are using coal plants and fossil fuel but the leaders of the industry are developing in tandem with the green energy sector.
>
> [My post](https://www.reddit.com/r/CryptoCurrency/comments/s99phv/yesterday_one_of_the_most_bullish_events_ever/)
>
> ​
>
> # Conclusion: Bitcoin is the flagship of POW and it is a feature not a bug.
>
> ​
>
> Bitcoin, thanks to its value and tokenomics is seen as a good investment, this is also why miners commit huge amount of ressources to take the hashrate to new heights. These miners help the US grid to become more and more resilient. The future of Crypto and of green energy relies a lot on Bitcoin. Bitcoin has proven time and time again that it can shoulder these changes. Bitcoin is a good piece of technology and I hope people continue to invest in it because it is doing a lot of good for our future !
>
> ​
>
> #
*****
Would you like to learn more? [Click here](/r/CointestOfficial/comments/xsvuvr/top_coins_bitcoin_proarguments_october_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin) to find arguments on this topic in other rounds. Pros and cons per topic will likely change for every new post.

It's fully remote with IBM Federal. It'll also come with a security clearance. I'm making $60k now with a year of experience but can't get anywhere with other applications.

#Bitcoin Pro-Arguments
Below is an argument written by Nostalg33k which won 2nd place in the Bitcoin Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. Submit an argument in the Cointest yourself and earn Moons if you win. Moon prizes are: 2nd - 600, 2nd - 300, 3rd - 150, and Best Analysis - 500.
> Last entry:
>
> ​
>
> Writing a Pro argument for Bitcoin in 2022 seems complicated because everything has been said... or did it?
> Edit: I have a small bag of Bitcoin currently valued around 600 bucks. I am also invested in crypto around 2000 bucks which are always moving when Bitcoin is moving. Financial disclosure should be mandatory in these arguments =)
>
> # Bitcoin is the king of POW: Why it matters and why we need a strong Bitcoin
>
> So as the title suggests it, the recent news from Ethereum switching from POW to POS makes Bitcoin the sole serious POW cryptocurrency. In this write up, we are going to discuss the three main strength of Bitcoin, security, decentralization, and incentive for green energy production. In this write up we are not going to talk about speculation or the financial side of Bitcoin. Bitcoin is a highly liquid asset and has become nearly universally known as an investment. Many arguments have been made in favor of Bitcoin as an investment and if you want to read one, just go to past cointests.
> ​
> Of course, the main feature of Bitcoin is the Permissionless aspect. This won't be tackled at all as I think it deserves its own topic.
>
> # 1) Bitcoin: High security
>
> This topic has also been talked to death: Bitcoin is ultra secure thanks to its Blockchain and the way it is verified through proof of work. To explain this let me quote IBM:
>
> ​
>
> >Public blockchain networks typically allow anyone to join and for participants to remain anonymous. A public blockchain uses internet-connected computers to validate transactions and achieve consensus. Bitcoin is probably the most well known example of a public blockchain, and it achieves consensus through "bitcoin mining." Computers on the bitcoin network, or “miners,” try to solve a complex cryptographic problem to create proof of work and thereby validate the transaction. Outside of public keys, there are few identity and access controls in this type of network.
>
> ​
>
> [IBM on Blockchain security](https://www.ibm.com/topics/blockchain-security)
> ​
> Mining is measured in Hashrate. Here is the explanation of Hashrate:
>
> >Hash rate, sometimes referred to as hashrate, is a measure of the computing power on a cryptocurrency network that serves as a key security indicator. It measures the total computational power used by a “proof-of-work” (POW) cryptocurrency network to process transactions in a blockchain.
>
> [USNEWS explains hashrate](https://money.usnews.com/investing/term/hash-rate#:%7E:text=Hash%20rate%2C%20sometimes%20referred%20to,process%20transactions%20in%20a%20blockchain)
> ​
> So if the hashrate measures the security of the network, one may asks themselves: "Did the security of Bitcoin slowed when the price fell ?"
> [The hashrate is near the ATH and growing making Bitcoin more and more secure as it continues to build over time](https://ycharts.com/indicators/bitcoin_network_hash_rate#:%7E:text=Basic%20Info,101.2%25%20from%20one%20year%20ago)
> ​
> So Bitcoin has never been as secure as it is today which makes it ultra valuable as a way to settle financial transactions. Yes holding Bitcoin for a long time is risky but using it as a medium to settle international transaction may currently be the securest and one of the best way to do so.
> While Bitcoin is safe... what if a big part fails ?
>
> ​
>
> # 2) Bitcoin mining: Too big to fail.
>
> ​
>
> So this write up could be seen as a POW write up, which it is to an extent. But Bitcoin offers its history and shows that it can survive the disparition of a big part of the network.
> Decentralization allows for parts of the network to disappear and for the rest to take the mantle of securing the network. Yes, mining pools may grow too large for their own sake BUT in the end (nothing even matters) Bitcoin is heavily decentralized. It is so decentralized that, when China (which had a big part of Bitcoin mining) banned mining, Bitcoin just went through like nothing happened. Yes the hashrate fell a bit, the value too, but if we look back, it was nothing extraordinary.
> ​
> So if Bitcoin is highly secure and if it can survive part of the hashrate going bye bye, what makes it so good? What is the difference with any POW Cryptocurrency right now?
>
> ​
>
> # 3) Bitcoin: propping up the green energy sector.
>
> ​
>
> POW uses energy. One of the biggest concern about POW is the energy. While Ethereum was using GPUs and was asic resistant. Bitcoin mining is built differently. A long time ago, under oath, people discussed the environmental impact of Bitcoin Mining and I made a post explaining what was said:
> ​
> The Energy Fud Was Killed
> The most important thing that happened: The narrative that Bitcoin is too energy intensive was totally reversed.
> Experts of the sector explained that, Wind Farms and Solar Farms, have a variable load. This variable load means that sometimes they lose money because they produce too much and there is not enough demand. Bitcoin mining provides a variable base load for these projects. What it means is that, mining can be turned on and off depending on demand. It was revealed that most of these wind and solar farms would simply not exist without Bitcoin Farming as baseline customers.
> There are still miners that are using coal plants and fossil fuel but the leaders of the industry are developing in tandem with the green energy sector.
>
> [My post](https://www.reddit.com/r/CryptoCurrency/comments/s99phv/yesterday_one_of_the_most_bullish_events_ever/)
>
> ​
>
> # Conclusion: Bitcoin is the flagship of POW and it is a feature not a bug.
>
> ​
>
> Bitcoin, thanks to its value and tokenomics is seen as a good investment, this is also why miners commit huge amount of ressources to take the hashrate to new heights. These miners help the US grid to become more and more resilient. The future of Crypto and of green energy relies a lot on Bitcoin. Bitcoin has proven time and time again that it can shoulder these changes. Bitcoin is a good piece of technology and I hope people continue to invest in it because it is doing a lot of good for our future !
>
> ​
>
> #
*****
Would you like to learn more? [Click here](/r/CointestOfficial/comments/xsvuvr/top_coins_bitcoin_proarguments_october_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin) to find arguments on this topic in other rounds. Pros and cons per topic will likely change for every new post.

IBM has a headquarters in science park in Cambridge, UK. Soooo no.

IBM...

#Bitcoin Pro-Arguments
Below is an argument written by Nostalg33k which won 2nd place in the Bitcoin Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. Submit an argument in the Cointest yourself and earn Moons if you win. Moon prizes are: 2nd - 600, 2nd - 300, 3rd - 150, and Best Analysis - 500.
> Last entry:
>
> ​
>
> Writing a Pro argument for Bitcoin in 2022 seems complicated because everything has been said... or did it?
> Edit: I have a small bag of Bitcoin currently valued around 600 bucks. I am also invested in crypto around 2000 bucks which are always moving when Bitcoin is moving. Financial disclosure should be mandatory in these arguments =)
>
> # Bitcoin is the king of POW: Why it matters and why we need a strong Bitcoin
>
> So as the title suggests it, the recent news from Ethereum switching from POW to POS makes Bitcoin the sole serious POW cryptocurrency. In this write up, we are going to discuss the three main strength of Bitcoin, security, decentralization, and incentive for green energy production. In this write up we are not going to talk about speculation or the financial side of Bitcoin. Bitcoin is a highly liquid asset and has become nearly universally known as an investment. Many arguments have been made in favor of Bitcoin as an investment and if you want to read one, just go to past cointests.
> ​
> Of course, the main feature of Bitcoin is the Permissionless aspect. This won't be tackled at all as I think it deserves its own topic.
>
> # 1) Bitcoin: High security
>
> This topic has also been talked to death: Bitcoin is ultra secure thanks to its Blockchain and the way it is verified through proof of work. To explain this let me quote IBM:
>
> ​
>
> >Public blockchain networks typically allow anyone to join and for participants to remain anonymous. A public blockchain uses internet-connected computers to validate transactions and achieve consensus. Bitcoin is probably the most well known example of a public blockchain, and it achieves consensus through "bitcoin mining." Computers on the bitcoin network, or “miners,” try to solve a complex cryptographic problem to create proof of work and thereby validate the transaction. Outside of public keys, there are few identity and access controls in this type of network.
>
> ​
>
> [IBM on Blockchain security](https://www.ibm.com/topics/blockchain-security)
> ​
> Mining is measured in Hashrate. Here is the explanation of Hashrate:
>
> >Hash rate, sometimes referred to as hashrate, is a measure of the computing power on a cryptocurrency network that serves as a key security indicator. It measures the total computational power used by a “proof-of-work” (POW) cryptocurrency network to process transactions in a blockchain.
>
> [USNEWS explains hashrate](https://money.usnews.com/investing/term/hash-rate#:%7E:text=Hash%20rate%2C%20sometimes%20referred%20to,process%20transactions%20in%20a%20blockchain)
> ​
> So if the hashrate measures the security of the network, one may asks themselves: "Did the security of Bitcoin slowed when the price fell ?"
> [The hashrate is near the ATH and growing making Bitcoin more and more secure as it continues to build over time](https://ycharts.com/indicators/bitcoin_network_hash_rate#:%7E:text=Basic%20Info,101.2%25%20from%20one%20year%20ago)
> ​
> So Bitcoin has never been as secure as it is today which makes it ultra valuable as a way to settle financial transactions. Yes holding Bitcoin for a long time is risky but using it as a medium to settle international transaction may currently be the securest and one of the best way to do so.
> While Bitcoin is safe... what if a big part fails ?
>
> ​
>
> # 2) Bitcoin mining: Too big to fail.
>
> ​
>
> So this write up could be seen as a POW write up, which it is to an extent. But Bitcoin offers its history and shows that it can survive the disparition of a big part of the network.
> Decentralization allows for parts of the network to disappear and for the rest to take the mantle of securing the network. Yes, mining pools may grow too large for their own sake BUT in the end (nothing even matters) Bitcoin is heavily decentralized. It is so decentralized that, when China (which had a big part of Bitcoin mining) banned mining, Bitcoin just went through like nothing happened. Yes the hashrate fell a bit, the value too, but if we look back, it was nothing extraordinary.
> ​
> So if Bitcoin is highly secure and if it can survive part of the hashrate going bye bye, what makes it so good? What is the difference with any POW Cryptocurrency right now?
>
> ​
>
> # 3) Bitcoin: propping up the green energy sector.
>
> ​
>
> POW uses energy. One of the biggest concern about POW is the energy. While Ethereum was using GPUs and was asic resistant. Bitcoin mining is built differently. A long time ago, under oath, people discussed the environmental impact of Bitcoin Mining and I made a post explaining what was said:
> ​
> The Energy Fud Was Killed
> The most important thing that happened: The narrative that Bitcoin is too energy intensive was totally reversed.
> Experts of the sector explained that, Wind Farms and Solar Farms, have a variable load. This variable load means that sometimes they lose money because they produce too much and there is not enough demand. Bitcoin mining provides a variable base load for these projects. What it means is that, mining can be turned on and off depending on demand. It was revealed that most of these wind and solar farms would simply not exist without Bitcoin Farming as baseline customers.
> There are still miners that are using coal plants and fossil fuel but the leaders of the industry are developing in tandem with the green energy sector.
>
> [My post](https://www.reddit.com/r/CryptoCurrency/comments/s99phv/yesterday_one_of_the_most_bullish_events_ever/)
>
> ​
>
> # Conclusion: Bitcoin is the flagship of POW and it is a feature not a bug.
>
> ​
>
> Bitcoin, thanks to its value and tokenomics is seen as a good investment, this is also why miners commit huge amount of ressources to take the hashrate to new heights. These miners help the US grid to become more and more resilient. The future of Crypto and of green energy relies a lot on Bitcoin. Bitcoin has proven time and time again that it can shoulder these changes. Bitcoin is a good piece of technology and I hope people continue to invest in it because it is doing a lot of good for our future !
>
> ​
>
> #
*****
Would you like to learn more? [Click here](/r/CointestOfficial/comments/xsvuvr/top_coins_bitcoin_proarguments_october_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin) to find arguments on this topic in other rounds. Pros and cons per topic will likely change for every new post.