I first heard about bitcoin around 2009 or 2010. Very early stages because i was in a decentralized banking community that tried to cut banks out and let end users approve loans.
I didn't trust some digital coin you can't hold. Also didn't trust that it was out of China by some guy named Satoshi.
What's the end game here? I think that the digital coin market will be riddled with massive scams and crimes and that it will all come crashing down and then people will demand CBDC. but before that happens, lots and lots of people and banks and savings accounts and IRA's and 401ks and ETFs and hedge funds need to be burned.
So my prediction, still, is that the rug gets pulled on the entire fake digital currency market with enough of a huge outcry that people DEMAND central bank digital coin backed by the federal government or by a union of world governments.
In the meantime I look like a loser. Friends became rich while i dwelled in paranoia and sat out a huge rise in bitcoin when i could have been mining them with graphics cards way back in 2010
That's kind of silly because end users can approve loans. There is literally a subreddit for that and my friend used to use it back in the day when he was a serial brokey.
There use to be peer to peer loan sites back in 2005-2010 but most of them got heavily sued into oblivion. Basically the bookies were making money and advertising investment returns that were quantifiably misleading and false.
This is one conspiracy that I got entirely wrong.
I first heard about bitcoin around 2009 or 2010. Very early stages because i was in a decentralized banking community that tried to cut banks out and let end users approve loans.
I didn't trust some digital coin you can't hold. Also didn't trust that it was out of China by some guy named Satoshi.
What's the end game here? I think that the digital coin market will be riddled with massive scams and crimes and that it will all come crashing down and then people will demand CBDC. but before that happens, lots and lots of people and banks and savings accounts and IRA's and 401ks and ETFs and hedge funds need to be burned.
So my prediction, still, is that the rug gets pulled on the entire fake digital currency market with enough of a huge outcry that people DEMAND central bank digital coin backed by the federal government or by a union of world governments.
In the meantime I look like a loser. Friends became rich while i dwelled in paranoia and sat out a huge rise in bitcoin when i could have been mining them with graphics cards way back in 2010
That's kind of silly because end users can approve loans. There is literally a subreddit for that and my friend used to use it back in the day when he was a serial brokey.
There use to be peer to peer loan sites back in 2005-2010 but most of them got heavily sued into oblivion. Basically the bookies were making money and advertising investment returns that were quantifiably misleading and false.