No explanation necessary.
Article explains it.
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More nocoiner cope.
Read the article? Or just my post title?
the wall street jewnourl
I read up to the paywall.
They’re scrambling to regulate it for fear of crypto overtaking the dollar and slipping the grip of the fed.
I know you’ve made posts and comments before demonizing crypto without fully understanding it, despite claiming that you do.
You’ve admitted to being in your mid 50s and I can empathize with your apprehension towards crypto.
It’s new and complicated and the knee jerk reaction is to fear what we don’t understand.
We don’t know what the future holds for crypto, but the fact is, people have made millions, if not billions of dollars in profit so far, and while it may not be physically tangible like a gold bar, that doesn’t make it any less real.
I assume you have no crypto holdings and you want to be right in never jumping in. So you’re looking for articles that vindicate your apprehension.
I can’t say you should jump in now, but I can definitely say you should have jumped in before now.
You nailed it.
Why Warren Buffet doesn't personally buy into it. An asset that is not productive.
Counterintuitive to investment strategy.
An a boomer, but what do I know? REAL Estate.
That certainly doesn't sound like a reasonable currency at all.
Thanks for proving it though!
Have REAL estate holdings. In 2014 Citibank offered me a 10M line of credit, based on my holdings. A line of credit with no sunset. That offer from that bank means they know our holdings value.
How can binary code be worth millions and billions, except without hyperbole?
Get any line of credit for your crypto holdings from any bank?
It is simply code. Not tangible. Not real. REAL Estate is as real as it gets.
What happens if the internet is shut off? POOF. Gone, Right along with my reply and cryptocurrencies.
Called SOP 303.
My REAL Estate holdings will still be there.
Might want to check into Warren Buffet and how he sees crypto's.
A man worth 85B. But, what does he know?
Nobody is taking anything away from real estate holdings, bud.
Congratulations on your success.
It seems you think there is only one way to become successful though: your way.
What’s wrong with diversification?
Nobody is making the argument that crypto is BETTER than any other form of investment. Just different.
I would make the argument to hold a varied portfolio.
Short and long term stocks and ETFs, crypto, physical silver and gold, real estate...
What it seems like, and of course I could be wrong, is that you are a bitter older man who can’t stand to see others become successful in ways you never thought possible. You have a “get off my lawn” mentality, and maybe, maybe that works for you in your everyday life but I highly doubt it.
Your ego is weighing down your decisions.
I’m not here to convince you to buy crypto.
But it seems you have a vendetta against those that would consider it.
The world is changing and I’m sorry that you think it shouldn’t. But there’s absolutely nothing you can do to stop it.
So either get with it, or get run over by it.