posted ago by comakevin76 ago by comakevin76 +10 / -2

Elon Musk? Why?

Did this guy not date and was obsessed with Amber Heard? Now bitcoin? What happened to Gamestop? I mean what is special about a currency that can vanish like the wind? I mean I want to jump in but help me out here. Pedes? Anyone?

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1
DudePlayingaDude 1 point ago +1 / -0

I'd love to find out more about Bitcoin. I tried a few years ago to buy some but it was damn complicated. Can a pede help a dude out to understand Bitcoin and why it might be a good idea to buy some? Thank you!

3
Global_Tornado 3 points ago +3 / -0

It's a krypto (untraceable) currency that is based on a ponzi scheme but nevertheless is treated with real value.

It's a good idea to buy some when it's cheap, like all currency trades. Buy it when it's worth 40k each coin? no thanks.

2
NullifyAndSecede 2 points ago +2 / -0

This is false, Bitcoin is not in any sense untraceable, it is VERY traceable. If privacy is your goal Monero is a much better option.

It's no more of a ponzi scheme than any fiat currency, the difference is that the issuance of bitcoin is predefined, effectively immutable, and nearly impossible to confiscate.

4
Qualmow 4 points ago +4 / -0

Well if you can be deplatformed from the internet and banking institution, a digital currency with no tangible value that is dependent on an electronic device seems just a tad bit sketchy to me.