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Was going to buy some Bitcoin... Hit by this ad while researching... FUCK THAT.

submitted by deleted to whatever 2.2 yearsFeb 19, 2022 08:07:13 ago (+5/-2)     (whatever)

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35 comments block


[ - ] deleted 5 points 2.2 yearsFeb 19, 2022 09:03:35 ago (+5/-0)

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[ - ] account deleted by user 4 points 2.2 yearsFeb 19, 2022 08:25:55 ago (+5/-1)

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[ - ] Nagasaki 2 points 2.2 yearsFeb 19, 2022 10:17:04 ago (+2/-0)

"Satoshi" is a jew from Israel according to a leaked accidentally incorrect timestamp on an email that he himself edited before sharing.

The whole thing is a giant trap. They're going to get the entire world running on Ethereum and Bitcoin, and then shut the internet off in Europe and North America and Australia, and say it was an "attack". It will fork all of these coins enough to crash the faux jew propped up "economy".

[ - ] redgreenpill 1 point 2.2 yearsFeb 19, 2022 10:21:28 ago (+1/-0)

They want everyone on their own blockchain and coin called CDBC, a blockchain that they control. Don't knock the technology just because a bunch of people want to abuse it for their own benefit.

The technology itself has great advantages, even zero proof knowledge for elections, and decentralized identity (compared to Gov't controlled centralized identity)

[ - ] Nagasaki 0 points 2.2 yearsFeb 19, 2022 11:04:48 ago (+0/-0)

The crypto technology circumvents the timeless stability and soundness of precious metals, or even flour/grain.

It is trivial to design a paper currency that has gold embedded inside of it.

It is trivial to design a banking system that strictly adheres to this schema. The only obstacle is the satan-led jew mafia.

[ - ] Shitheel 4 points 2.2 yearsFeb 19, 2022 08:19:31 ago (+5/-1)

Is there something about crypto I'm missing?

Yes

It's a paper note that links to how much gold you have. It's called Cash.

Missing something there also

[ - ] i_scream_trucks 3 points 2.2 yearsFeb 19, 2022 08:50:31 ago (+3/-0)

crypto is missing a lot.

the main one being intrinsic value.

[ - ] MaryXmas 0 points 2.2 yearsFeb 19, 2022 14:14:08 ago (+0/-0)

What value does gold have? How about diamonds?

[ - ] deleted 0 points 2.2 yearsFeb 19, 2022 16:07:28 ago (+0/-0)

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[ - ] deleted 0 points 2.2 yearsFeb 19, 2022 08:41:26 ago (+1/-1)

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[ - ] i_scream_trucks 2 points 2.2 yearsFeb 19, 2022 08:51:47 ago (+3/-1)

Crypto is the biggest ponzi scheme that has ever existed. its in about its 3rd iteration of dumb motherfuckers trying to con dumber motherfuckers into buying their worthless monopoly money before dumb mother fuckers stop being dumb motherfuckers and stop buying into the scam.

the originators of the scam took all the real cash and fucked off years ago.

by the way, what did ever happen to that retarded cunt who was all over the news because he sold literally everything his family owned and put it all into bitcoin?

[ - ] deleted 1 point 2.2 yearsFeb 19, 2022 09:35:25 ago (+2/-1)

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[ - ] jammicsmith 1 point 2.2 yearsFeb 19, 2022 09:09:53 ago (+2/-1)

You're missing the whole enchilada. Most crypto is a scam. Bitcoin is a revolution, and it's changing the world.

By the way, it's not "crypto" that's requiring KYC, it's fiat. Whenever you give fiat for crypto and the other party wants to identify you, it's because of the fiat. You're anger is misdirected.

[ - ] Cantaloupe 0 points 2.2 yearsFeb 19, 2022 11:46:15 ago (+0/-0)*

Moreno. Gold, silver, gems, oil. Cash is okay however they devalue it... Hyperinflation.

Bitcoin doesn't suffer from hyperinflation; it can be traceable if you don't know what you're doing.

Cash and Bitcoin have no intrinsic value it's just conventional. Almost no money system has any.

[ - ] domains 0 points 2.2 yearsFeb 19, 2022 11:05:46 ago (+0/-0)

if you dont have your own private key, then you really dont have any bitcoin.

there are so many aspects that complicate this new paradigm yet there are even more buffoons who will tell you "everything you need to know" all the while being the middle man and misguiding you from the full control available with the right knowledge

[ - ] dalai_llama 0 points 2.2 yearsFeb 19, 2022 11:02:23 ago (+0/-0)

Ya I have to admit I was wrong about this one. Crypto currency appears to be rather scummy now. I based mu preliminary judgments off of actual bitcoin, not all these bizarre ETF's trading on index funds of various crypto currency values. It does not appear to be an alternative currency. It appears to be an emerging asset class with no real inherent value except for the value people believe it has. Which is basically the definition of a bubble.

[ - ] selpai 0 points 2.2 yearsFeb 19, 2022 10:48:23 ago (+0/-0)

Or, maybe you're just an idiot.

[ - ] deleted 1 point 2.2 yearsFeb 19, 2022 12:09:27 ago (+1/-0)*

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[ - ] deleted 0 points 2.2 yearsFeb 19, 2022 13:10:46 ago (+0/-0)

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[ - ] deleted 0 points 2.2 yearsFeb 19, 2022 14:06:30 ago (+0/-0)

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[ - ] deleted 0 points 2.2 yearsFeb 19, 2022 14:30:35 ago (+0/-0)

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[ - ] deleted 0 points 2.2 yearsFeb 19, 2022 19:15:26 ago (+0/-0)

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[ - ] deleted 0 points 2.2 yearsFeb 19, 2022 21:05:26 ago (+0/-0)

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[ - ] deleted 0 points 2.2 yearsFeb 20, 2022 12:28:55 ago (+0/-0)

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[ - ] deleted 0 points 2.2 yearsFeb 20, 2022 13:48:10 ago (+0/-0)

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[ - ] deleted 0 points 2.2 yearsFeb 20, 2022 15:01:46 ago (+0/-0)

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[ - ] mikenigger 0 points 2.2 yearsFeb 19, 2022 10:40:30 ago (+0/-0)

[ - ] redgreenpill 0 points 2.2 yearsFeb 19, 2022 10:08:19 ago (+1/-1)

Pros and cons to both crypto and gold. How do you test for purity if gold when you just want to buy some bread?

The availability of power and internet is absolutely insane now. Any outages would not be global and would not be long term

[ - ] SeanBox 0 points 2.2 yearsFeb 19, 2022 08:53:09 ago (+1/-1)

The dollar buys consistently less over time due to the hyperinflation we are experiencing. Crypto goes up and down based on the number of people invested but generally becomes more valuable over time as long as you don’t get rugpulled by a scam…that happens too.

[ - ] deleted 0 points 2.2 yearsFeb 19, 2022 12:12:26 ago (+0/-0)

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[ - ] SeanBox 0 points 2.2 yearsFeb 20, 2022 09:06:20 ago (+0/-0)

The way I view the crypto market now is that is basically a giant flaming hot ball of money that is just bouncing from one project to the next. If you’re sitting in the project that gets spiked you dump on the newB hodlers and the cycle repeats somewhere else. Hodl forever is for poor people. You can’t get ahead unless you bounce around and always be taking profits.

[ - ] Qwertytoal -1 points 2.2 yearsFeb 19, 2022 13:05:50 ago (+0/-1)

ARE.YOU RETARDED!?!?
Educate yourself on what crypto is and quit embarrassing your self you roaming nigger fucking faggot.