I got 4000 years of history backing my position you have your opinion and hopes of dreams. Just remember digital currency can only work if you have energy which oddly enough is skyrocketing and may become difficult for the peasant to afford making your digital currency difficult to access.
Crypto is inflation, infact crypto is a big huge scam, it is a ponzi. It is even more worthless than paper money. Because paper money exchanges it. It is credit. Credit few vendors use because it puts your money into a cloud. Clouds evaporate. Crypto could devalue overnight quicker than a currency backed by assets, crypto is backed by currency. Doh. Any market movement sends crypto into a spin. It is volatile and unsecured, hacked and scammed.
You need to put money on internet to buy credit except fucko you have taken your money and put it on something with no real backing. In a crash what crashes out quickest. As currency devalues. Did you actually think crypto will retain value if the market halts trading in a collapse. Your internet connection is so secure?
That level of stupidity is beyond all common sense. But that is the level of lemmings we got today.
Sure crypto has a use it is another investment gimmick. Like people buying invisible paintings. Or others need to dump their cash and others seeking to exchange it for premiums. Otherwise why are you a lemming?
Agreed, crypto is a greater fool scheme. It's a slow and inefficient database of digital tokens created out of thin air. It doesn't solve any problems or do anything better than existing solutions, its value is purely speculative. Just keep in mind that there's a sucker born every minute so Ponzi schemes can go on for decades but they all end in tears eventually.
No crypto is a scam. It had no backing except a volatile cloud.
Okay a crash happens your national currency devalues. What is your crypto worth? It changed blockchain into another currency. No. The national internet is off. The market has collapsed and it has halted trading. No vendors are accepting it. Because the government is in martial law and the internet is blacked out. You are fucked worse than Chinese whore, Chinese whore have the slanted pussy.
It’s not too late to hedge against inflation with crypto.*
*yes, boomers, and precious metals, “property,” stonks and what the hell....let’s even throw bonds in there.
Land, tools, crops, and rare metals > any digital currency that can vanish at the flip of a switch.
In your opinion.
Now, I hope you don’t try to argue how it’s more than your opinion.
I got 4000 years of history backing my position you have your opinion and hopes of dreams. Just remember digital currency can only work if you have energy which oddly enough is skyrocketing and may become difficult for the peasant to afford making your digital currency difficult to access.
Right on time.
I'm not here to argue right now, but "more than your opinion"? How about just arguing whether it's a good or bad opinion? Is that OK?
Crypto is inflation, infact crypto is a big huge scam, it is a ponzi. It is even more worthless than paper money. Because paper money exchanges it. It is credit. Credit few vendors use because it puts your money into a cloud. Clouds evaporate. Crypto could devalue overnight quicker than a currency backed by assets, crypto is backed by currency. Doh. Any market movement sends crypto into a spin. It is volatile and unsecured, hacked and scammed.
You need to put money on internet to buy credit except fucko you have taken your money and put it on something with no real backing. In a crash what crashes out quickest. As currency devalues. Did you actually think crypto will retain value if the market halts trading in a collapse. Your internet connection is so secure?
That level of stupidity is beyond all common sense. But that is the level of lemmings we got today.
Sure crypto has a use it is another investment gimmick. Like people buying invisible paintings. Or others need to dump their cash and others seeking to exchange it for premiums. Otherwise why are you a lemming?
Agreed, crypto is a greater fool scheme. It's a slow and inefficient database of digital tokens created out of thin air. It doesn't solve any problems or do anything better than existing solutions, its value is purely speculative. Just keep in mind that there's a sucker born every minute so Ponzi schemes can go on for decades but they all end in tears eventually.
Fear. Uncertainty. Doubt.
No crypto is a scam. It had no backing except a volatile cloud.
Okay a crash happens your national currency devalues. What is your crypto worth? It changed blockchain into another currency. No. The national internet is off. The market has collapsed and it has halted trading. No vendors are accepting it. Because the government is in martial law and the internet is blacked out. You are fucked worse than Chinese whore, Chinese whore have the slanted pussy.
Does the term “fractional reserve” mean anything to you?