Jokes aside - I think it might be a good idea to look at alternate currencies in general, just not sure what to get, nor where to start because so many coins look like entire scams. Plus, I want the coins to increase in value, and allow me to sell them for USD or use them to buy goods/services.
They are all scams, like the stock market, but worse. Wealthy people buy up decent amounts of crypto at a small price. Then they or others build the hype around it, having others throw their dollars into it. Rich person watches the pot rise, and strategically pulls out as it inflates, wash, rinse, repeat.
They are far from all scams. Just because you don’t understand it, doesn’t make it a scam. Is it volatile as fuck, absolutely. Does blockchain have a huge potential to change the world, absolutely.
I told you exactly how it is a scam. The scam, the way I described it, explains why it is "volitile.". People exchange real currency for coins. You buy a bunch at a low price, get other people to throw money in, you then strategically pull yours out, you make money. You are literally selling hype. And the blockchain/mining aspect? Well, it sure has advance d NVIDIA and AMD graphics cards quite a ways. Don't be mad at me because I am the heckler ruining your financial sleight of hand in front of everyone. You know just as well as I do those "coins" have no intrinsic value. They are glorified money laundering Ponzi schemes. A digital pachinko machine for the lucky few.
As crypto adoption increases so does its stability. Far preferable to The Fed (private US central bank) printing $1 Trillion every time Congress thinks we're in a new crisis. Volatility and scams are directly related to the unanchored US dollar and naked short selling. The way forward is cryptos, a stripped down Wall Street, and a return to a gold and silver standard.
If you really mean it, I say Bitcoin. The rest are just copycats trying to catch up.
If not, that is cool -- more for me.
P.S.(You can buy less than one BTC - so if you only want to put in 20 bucks, you can do that. Most people think you have to get a whole bitcoin. Not true.)
There's an economic theory going around that there's so much productivity in the world governments can literally print unlimited amounts of money. We're going to find out if the theory is true because that's literally what's happening with the money printing.
Sounds like bullshit from the Keynesian crowd. I never trusted that pedo or his supporters. American purchasing power sucks. So much of our culture decline is from reckless economic theories.
"I have a case of S&B 9mm"
pushes to the middle
"I'm all in"
..."this isn't Uno? "
Jokes aside - I think it might be a good idea to look at alternate currencies in general, just not sure what to get, nor where to start because so many coins look like entire scams. Plus, I want the coins to increase in value, and allow me to sell them for USD or use them to buy goods/services.
They are all scams, like the stock market, but worse. Wealthy people buy up decent amounts of crypto at a small price. Then they or others build the hype around it, having others throw their dollars into it. Rich person watches the pot rise, and strategically pulls out as it inflates, wash, rinse, repeat.
They are far from all scams. Just because you don’t understand it, doesn’t make it a scam. Is it volatile as fuck, absolutely. Does blockchain have a huge potential to change the world, absolutely.
I told you exactly how it is a scam. The scam, the way I described it, explains why it is "volitile.". People exchange real currency for coins. You buy a bunch at a low price, get other people to throw money in, you then strategically pull yours out, you make money. You are literally selling hype. And the blockchain/mining aspect? Well, it sure has advance d NVIDIA and AMD graphics cards quite a ways. Don't be mad at me because I am the heckler ruining your financial sleight of hand in front of everyone. You know just as well as I do those "coins" have no intrinsic value. They are glorified money laundering Ponzi schemes. A digital pachinko machine for the lucky few.
As crypto adoption increases so does its stability. Far preferable to The Fed (private US central bank) printing $1 Trillion every time Congress thinks we're in a new crisis. Volatility and scams are directly related to the unanchored US dollar and naked short selling. The way forward is cryptos, a stripped down Wall Street, and a return to a gold and silver standard.
Do you understand how blockchain works?
GameStop was fun. In and out within 24 hours
If you really mean it, I say Bitcoin. The rest are just copycats trying to catch up.
If not, that is cool -- more for me.
P.S.(You can buy less than one BTC - so if you only want to put in 20 bucks, you can do that. Most people think you have to get a whole bitcoin. Not true.)
Ethereum is also decent with its smart contracts.
some say btc to $1M
the only timeline where that happens would have to involve $ diving like 10x... what events could cause that? dropping Big Mike on DC?
Or the US dollar in an inflationary tailspin. Look at Biden’s stimulus package. It’s nuts.
There's an economic theory going around that there's so much productivity in the world governments can literally print unlimited amounts of money. We're going to find out if the theory is true because that's literally what's happening with the money printing.
Sounds like bullshit from the Keynesian crowd. I never trusted that pedo or his supporters. American purchasing power sucks. So much of our culture decline is from reckless economic theories.
Monero cc is used for drugs. They dropped bitcoin. Just saying
Huh?
Exactly