There are a lot of ways that people talk about that Bitcoin is better than gold such as how easy it is to carry or move or hold ... unlike gold.
But there's another.
People often think that there's a fixed quantity of gold and therefore gold has an intrinsic value but that is not true. There is as much gold as people will pay to mine. So what that means is the more valuable an ounce of gold becomes the more gold appears on the market because suddenly it becomes more economic to mine more gold in areas that you couldn't mine goal before. We actually have no idea how much gold there is in the ground. We only know how much gold there is above ground but that amount is constantly increasing. So gold will always have more and more gold appearing the more valuable it gets which dilutes the value of gold which keeps it from getting more valuable.
Contrast that to bitcoin which every 4 years the amount of new Bitcoin that will become available becomes 1/2 of it what it was. Let me state that another way. Every year there is a fixed amount of new Bitcoin that can arrive. But every 4 years that amount goes down by half. This means you're more and more dependent on only the existing amount of Bitcoin that is already owned by other people which gets harder and harder to get those people to sell to you so the value goes up. So even when the value goes up, a bunch of new Bitcoin is not going to appear on the market. in fact every 4 years less and less new Bitcoin is going to appear on the market. This means the stuff that's already mined becomes more and more important and harder to get out of other people's hands that already own it and thus more and more valuable.
This is actually why bitcoin isn't a good as gold.
Playing with an algorithm to affect its value isn't a bonus. It's a minus.
You have this belief that making bitcoin price increase is a good thing. That's not what makes currency "good" to use.
The cost of extracting gold from the earth is the basis for gold's value, not its rarity or availability. As technology makes it cheaper to extract, the price would naturally have a downward pressure while naturally occurring inflation (versus fiat manipulation caused inflation) puts an upward pressure on gold. This is most ideal. Ideally, tech would match inflation and gold prices would be nearly fixed. A good currency isn't supposed to be a wealth creator or profit mechanism. It's supposed to be a stable form of exchange. Bitcoin volatility is a negative, not a positive for the purposes of currency.
Also, anonymous possession of wealth is what keeps a population free. The ability to monitor and track purchases is a population control mechanism. Your bitcoin wallet is a pre- mark of the beast technology that will eventually enslave you.
The ability to monitor and track purchases is a population control mechanism. Your bitcoin wallet is a pre- mark of the beast technology that will eventually enslave you.
Just use mixing. You literally just check a box to do it OR use Monero. You don't even have to check the box on Monero.
Everyone deserves the amount of bitcoin they get though. Hopefully you'll have more than the niggers you'll live around as you wage slave for fractions of a satoshi.
Hubris is so fucking deadly. I only care about your because you're likely white. Don't be a fucking retard white man. Get some bitcoin. Perhaps though I shouldn't even care what retards end up doing.
So, not bitcoin. OP said bitcoin, not Monero. However, as for Monero. I'm skeptical that it's actually anon. Time will tell. If so, Monero would be superior to bitcoin. And, there is still the issue of keeping Monero in a wallet and the traceability of wallet value transfers.
But as explained before, this thread is about a comparison of bitcoin to gold as a currency. Gold is vastly superior to bitcoin or any other volatile asset as a currency.
And then, there's also that "Hey mane, it ain't a good idea to invest in the chain making device." thing.
You see CBDC coming, right? Straight up one world government, mark of the beast, take it or die shit.
Lately, I've been getting back into finance. If you think that Bitcoin is a good investment, I seek to destroy EVERY foundation that you have ever set for yourself and your current perspective of understanding.
I was super into crypto back in 2016. It was great. I thought it was the greatest invention that man had ever made beside a toaster and sliced bread.
But now, I understand the engine that works against the common man, which is not only the bankers themselves, but the "casino mentality," the idea that one big win will solve every problem that you've ever had in existence. Every time I see a post like the one above, it's obvious to me that someone else has the disease. I used to be adamant about trying to "cure" everyone that I possibly could, but as the saying goes, "there's a sucker born every minute," I began to realize that there was far too many people who are building their financial future on hopes and dreams, rather than reality and real benefit.
With everything mentioned above, there are some important detractions that MUST be noted. The first is that the entire Bitcoin economy is only built on a PORTION of the entire amount of coins available, and only about 45% (probably significantly less) are currently in circulation. There's a HUGE amount of coins owned by the original genesis block owner, the author of the Bitcoin Whitepaper Satoshi Nakamoto. The identity of this person or group is one subject that would take a 10-page essay to go over the history of. But that's not even related to the current subject. If Satoshi Nakamoto or whoever owns or controls the original genesis wallet ever decides to move his coins into circulation, the ENTIRE bitcoin economy collapses in a heap. Bitcoin's most early weakness was its volatility. I've been watching livestreams of the value of bitcoin spiking and dropping by hundreds of dollars in the span of less than an hour. That volatility exists by design, and it's built into the system as a whole. Bitcoin cannot exist without volatility.
Next, there's the fact that the creator of Bitcoin is a complete unknown. That's the biggest problem that anyone owning Bitcoin should be ready and willing to address. When a bank loses my money, I can sue the bank, or the bank owner. There's some remedy and at least some possibility of reconciliation or some kind of safety net. There will NEVER exist one in Bitcoin. It's not possible for someone to take responsibility when an entire wallet or exchange is wiped out overnight. The Sam Bankman fiasco is a perfect example. I guarantee that he'll never face the true punishment that he deserves for the entire extent of harm that he did to so many people. He's still on trial for a crime. There's some people that can take some solace in that. Nothing so concrete in Bitcoin whatsoever.
Lastly, what if "Satoshi Nakamoto" was your WORST ENEMY. What if he was someone who sought the entire time to consume every bit of finance that you had to slate his own greed and lusts? Would you really trust anyone like that with so much as even a single dollar? The possibility exists as an abundant fact, and yet I see so many people leaping wholeheartedly into Bitcoin as though it was the cure for every disease. It's not the cure for any disease, merely another one that seems to lessen the symptoms. Now that I think about it, Bitcoin and the vaxx are pretty good parallels for each other. Each was presented as the best solution for a problem, without the long term ramifications ever being expressed or told to everyone properly.
I'd like to close by mentioning how back in early 2017, when Bitcoin was referred to as "digital gold," it was intentionally spread around as a disinformation campaign. Spreading that information around caused everyone to hold onto their coins, and made the entire network infrastructure vulnerable to obvious attacks. You can't have Bitcoin that is sitting there doing nothing. It's either ripe for cyberattacks or outright robbery, or it's going to decay the entire network by reducing the number of transactions that are being conducted. Walling up your Bitcoin behind a fort is like building a giant castle on top of a sinkhole. You're only going to end up destroying everything you built.
Don't be an idiot. Avoid the obvious urge to "get rich quick" by studying the ENTIRE engine that you seek to invest yourself into. If you're not willing to do that, you're already risking the principal that you have into a scheme that has barely ever worked out for anyone.
TL:DR: WE CANNOT AFFORD TO INVEST WITHOUT ADEQUATE PROTECTION FOR OUR PRINCIPAL
You seem to have ignored nearly everything that I mentioned above. Holding Bitcoin just makes it vulnerable to theft. The only computer capable of "holding Bitcoin" effectively is a custom built 80s-era computer with a lot of specific design components that is designed to disconnect itself from the internet physically if anyone tries to remote access the system. Hardware wallets and nearly every OS all have vulnerabilities that can still be utilized for theft. Even Linux.
Bitcoin is NOT an asset, it's a liability. You don't POSSESS the asset. You don't physically have it. You have the impression that you have it, but it can stolen from you in under a minute's notice. Any asset is something that will GROW in value over time, and Bitcoin is too volatile to be able to count as an asset that will retain value over time.
You are wrapped up completely in the casino mentality. People who attach emotion to things like money and Bitcoin are the most easy people to control and manipulate. Learn to how separate emotion and logic and look at this whole ecosystem again with fresh eyes. You might be able to subvert the financial pitfalls that plagued me when I was younger.
God Bless, and happy Easter.
And as a mutual third party who genuinely wants success for all, please study Bitcoin more and learn about what you do not know. That which you do NOT know is always going to be used against you.
Bitcoin isn't held on a computer. It exists on the blockchain alone. It doesn't exist on your computer. You hold the private key that can move that bitcoin from one address to another.
There's zero need to listen to you because you don't understand bitcoin.
People like you have had opinions when it was less than a dollar, at 10 dollars, at 100 dollars, at 1000, at 10,000 at 50,000, and now at 70,000.
You'll continue to be misinformed at 100,000 at 1,000,000, at 10,000,000 at 100,000,000 and that at 1 billion which by the way Fidelity thinks 1 bitcoin will be by 2050. With inflation, they are right!
Wait until the central banks and every developed nation on earth attacks it. Fuck the fundamentals of the technology layer. CBDC is ALREADY being implemented and undergoing scaling tests across critical industries. USD will crash within the decade, it cannot be avoided. CBDC cannot tolerate competing digital havens as it is a social compliance tool at it's core. Bitcoin bought me my homestead. Today I have zero holdings. Fuck 2x on current asset value. I've got my strategy for enduring as much of what is to come as is possible and unlike the 'true believer', mine is based on reading longstanding fundamentals and international sociopolitical realities. By all means, put your money where it makes the most sense to you but finance is not a matter of faith, it's not a religion, and anyone who treats it that way is an asshole.
"BitCoin is and always has been worthless, it is backed by nothing and has no legal legs to stand on, the only money you can take out of bitcoin is money other people have put in, it is a pyramid scheme by definition and every dollar won is a dollar lost, like all similar schemes it is designed to send the investor broke and to make bundles of cash for whomsoever is at the top." Voat.
Bitcoin is there to separate you from your money .. you can tell ppl they don't want to believe you, the pyramiders got virtually every penny in Albania thru the 1990's, while the Government gave the movers and shakers behind the overall scheme every encouragement .. don't think you are too smart to fall for it yr not.
In finance, the greater fool theory suggests that one can sometimes make money through the purchase of overvalued assets — items with a purchase price drastically exceeding the intrinsic value — if those assets can later be resold at an even higher price.
the thing is gold will always be worth something. if you make a little chart you might be sad that line didn't do what you wanted, but gold will always be worth something. bitcoin?
There is an unlimited supply of crypto as evidence by all the meme coins being produced daily.
Look bitcoins value, golds value and silvers value is all due to the tinker bell effect. The more people clap the more valuable they are. As long as people are clapping the value can “fly”. If people ever stop clapping the value will drop.
My guess is there’s a black swan event at sometime that plummets the economy, bitcoin sells off and stays sold off for 6 months to a year. MSTR goes insolvent and can’t service their loans forcing them to dump BTC and killing the company. Btc is permanently disabled and the value then settles around $5k to $10k where it sits for 10-20 years.
But good luck!
Again limited btc, unlimited crypto. Thus unlimited supply for the greater fool.
So I think a lot of early investors when they ran into a temporary financial problem they sold their Bitcoin cuz it was the most liquid thing they had. Those people were going to have to sell something and they probably had most of their money in Bitcoin so they sold it. But now what's happening is Bitcoin is transitioning into the more professionally minded investors and consumers that are more rationally minded and typically don't allow themselves to fall into a financial situation where they're desperate to sell assets. So while we did see Bitcoin off and selling off when there was a panic in the market as people had a liquidity crisis what's happened since is that people realize Bitcoin is the strongest thing they have and the one that's most likely to appreciate so if they've got other assets they can sell instead they'll prefer to sell them other than bitcoin.
You have to remember that if there's a stock market crash in stocks are going down there are going to be some people who are leverage they're going to have to sell everything they have but that's going to damage real estate that's going to damage everything. and that's an extreme event and those extreme events last about 3 weeks. But what happens in those times also is that everybody looks around for the thing that hasn't crashed and stocks will have crashed but Bitcoin won't. Bitcoin may be liquidated slightly but people of already started to realize that when Bitcoin dips because there's a liquidity crisis and people are cashing out some Bitcoin I bet that's the time to buy more bitcoin. That's one of the reasons you've seen the dips not last as long as they used to.
I actively trade crypto, because I'd be stupid to leave this easy money on the table. I know you're broke because you've never tried to remove a large sum of dollars from an exchange.
I don't even trade on North American exchanges, and I extract to banks in other countries, to avoid excessive taxes.
You don't talk strategies, or methodology. You're just a cheerleader.
Crypto is forced to COMPETE. Remember that. It doesn't matter if there's unlimited crypto. No one is using or buying your shitcoin. Go try it. You'll see. Unlike dollars, crypto must compete to be used. In that way, it is extremely limited.
If you want to see this, just go to coinmarketcap.com. A market cap is simply the number of units multiplied by the price. You can also go to companiesmarketcap.com to get an idea of how this works with ordinary businesses.
What you're saying is like saying businesses have no value because you can always create more businesses. See how stupid that is?
[ - ] rzr97 1 point 1 monthMar 31, 2024 13:05:43 ago (+1/-0)
We all see that. You're too scared to do anything though. You're too scared to prove ANYTHING. You also don't understand logic. We all see that as well.
I wish people would do their own research on this stuff and take responsibility for their decisions. They complain about Jew bankers and have credit cards, a 30 year mortgage, a 1k monthly truck payment and don't own any crypto, actual investments or metal. The halvings are real serious and will continue to change the way the world understands assets.
You just have to realize that most people are rather ignorant followers. That's okay. That's why people like you and I can get in early and have more money than the people who are ignorant followers. Eventually for the people who save and invest which is let's face it a very small amount of the population anyway they will all have a percentage of their allocation in Bitcoin and a few other cryptos like probably ethereum and ethereum classic. When that happens run by money managers which is already happening which will be forced to put a percentage of the assets in there because the customers will complain when their funds don't perform well if they don't have some assets and Bitcoin well that's one Bitcoin it's hard to reach a settling peak and that's at least 10 years away in my opinion
[ - ] rzr97 1 point 1 monthMar 31, 2024 11:40:50 ago (+2/-1)
Everything is a ponzi scheme if that's true. Get in early on stocks, get in early on housing, get in early on anything you sell for a profit later.
People have a retarded definition of a ponzi scheme.
A ponzi scheme is a BUSINESS that pays the old investors with money from the new investors. It isn't an asset like a house, stocks, bonds or bitcoin.
Be retarded if you like but everyone gets the amount of bitcoin they deserve just like everyone gets the amoount of land they deserve. Hubris is such a mind fuck. I was there too, could have had literally 100,000 bitcoin.
[ - ] FreeinTX 1 point 1 monthMar 31, 2024 12:29:51 ago (+2/-1)
No. Everything is not a ponzie scheme and you're missing the point.
Stocks value increase as a result of the company doing well. A stock could go years bottom bouncing before it explodes, and the price isn't a direct result of demand for the stock, but rather based on the creation of wealth by the company, irrelevant of when you got in.
A ponzie scheme is a scheme where there is no actual intrinsic value, rather a perceived value based on the increase in the participation of the scheme causing demand for the intrinsicly valueless item. If I own a share of stock, I own a piece of a company, and the value has a correlation with the wealth being created by the company. If I own a bitcoin, I have an electronic asset whose value is exclusively based on other people wanting to buy it from me. The value will only go up if more and more people dump money into the system. Again, not the point.
As to the actual point. Gold is a currency. Bitcoin is a investment opportunity. These are not the same thing. A currency needs to be stable so that the exchange of goods and services are priced based on the value of the goods and services, not the value of the currency being used or the potential for wild fluctuations in the currency's value. When I'm buying a car, for example, I want to pay for what I think the car is worth and not have to consider how much my currency's value is going to change over the next week. Same with the guy selling the car. He shouldn't have to consider that bitcoin might crash back down next week when decided the price he wants for his car.
If you think bitcoin's value will go up, by all means, buy the fuck out of it. But stop pretending it's a good currency. It isn't. And it damn sure ain't better than gold as a currency.
Also, you completely ignored my mark of the beast enslavement comments. Yes. People who promote the enslavement of humanity will reap financial reward from the system that will be doing the enslavement. The people on cable news get paid millions to lie to you. Same shit.
[ - ] FreeinTX 1 point 1 monthMar 31, 2024 12:44:15 ago (+1/-0)
Yes. There is absolutely intrinsic value. Are you fucking retarded? A barrel of oil has value and it has absolutely fucking nothing to do with simply the willingness of other people giving you money for it. A piece of fruit has intrinsic value. Things that you use, that you enjoy, that you need, and the things that help you make the things that you use, enjoy and need ALL have intrinsic value. The shares of stock in companies that make and sell these things have intrinsic value that is not solely related to the price people are willing to pay for that stock. Companies generally have a fairly simply determination of value that's far more correlated to revenues and overhead than demand for their stock.
Assets that are valued exclusively based on the other people adding money to the asset are ponzie scheme and there aren't a bunch of examples because, traditionally, ponzie schemes are illegal. Fiat currencies are the exception. But there are plenty of mlm marketing schemes that were ponzie schemes. Madoff's trading was a ponzie scheme. SBF's company was a crypto ponzie scheme.
Barrel of oil only has the value someone is willing to pay for it along with fruit.
Did you know lobster once had no value. They were considered bugs--but good marketing and bam.
I suppose you could say, in certain conditions things have intrinsic value like given the state of society things have value. Oil only has the value at which people use it. That's diminishing. Same with pretty much anything.
[ - ] FreeinTX 1 point 1 monthMar 31, 2024 12:54:12 ago (+1/-0)
You are absolutely fucking retarded. The barrel of oil makes energy to run devices to turn resources into things that this world wants. This is how wealth is created.
A piece of fruit provides biological energy that allows people or animals to work, turning resources into the things this world wants and needs. This is how wealth is created.
Maybe lobster is worthless in a society of devoutly religious, where lobster is verboten, and alternatives for protein are plentiful. But lobster, even outside its classification as a delicacy, has intrinsic value that's based on a caloric content of the lobster, specifically because that protein can be used to produce energy for people and animals to enable them to turn resources into the things that the world wants and needs.
I actually own more doge due to the aggressive halving schedule.
If you look way back at the founding of America, there were actually many competing notes and currencies. I think most crypto will win but there will be lots of scams like back in the day. It is the wild west again.
Tulipo mania never happened and not one business went bankrupt because of it. It only lasted a year when looking at the facts. Official dstory is it lasted 3 years.
'Tulipmania: The major acceleration started in 1634 and then dramatically collapsed in February 1637.'
That's 3 years. Bitcoin has surpassed that 'tulipmania' by 10 years and counting. Comparing a flower with a digital encrypted asset that can be used as currency is retarded. Tuplips never spawned the businesses that BTC has.
Here’s where the myth comes into play. According to popular legend, the tulip craze took hold of all levels of Dutch society in the 1630s. “The rage among the Dutch to possess them was so great that the ordinary industry of the country was neglected, and the population, even to its lowest dregs, embarked in the tulip trade,” wrote Scottish journalist Charles Mackay in his popular 1841 work Extraordinary Popular Delusions and the Madness of Crowds. According to this narrative, everyone from the wealthiest merchants to the poorest chimney sweeps jumped into the tulip fray, buying bulbs at high prices and selling them for even more. Companies formed just to deal with the tulip trade, which reached a fever pitch in late 1636. But by February 1637, the bottom fell out of the market. More and more people defaulted on their agreement to buy the tulips at the prices they’d promised, and the traders who had already made their payments were left in debt or bankrupted. At least that’s what has always been claimed.
In fact, “There weren’t that many people involved and the economic repercussions were pretty minor,” Goldgar says. “I couldn’t find anybody that went bankrupt. If there had been really a wholesale destruction of the economy as the myth suggests, that would’ve been a much harder thing to face.”
So the entire tulip fallacy is not only retarded it's FAKE AND GAY!
But you'll keep bringing it up even after I've proved it was fake and gay. Because I know I've told you some of this before and you're still arguing like a jew about it. In Mein Kamph Hitler said he'd argue and prove facts to the jew then the next day the jew would act like it never happened and argrue the exact same thing. LOL Times never change. Don't be like the jew. You're better than that I hope.
[ - ] rzr97 1 point 1 monthMar 31, 2024 11:25:20 ago (+2/-1)
It will as valuable as the fiat that they keep printing. Bitcoin has no top because fiat has no bottom. Once that finally clicks you'll understand.
You'll always be able to get bitcoin, it's just you'll be getting smaller and smaller amounts--at the satoshi level. Each bitcoin is made up of 100 million satoshis. It's like being able to slice up a single pizza 100 million times. If you use lightning, you can slice it up even more.
So no, you won't run out but your share of the pizza keeps shrinking because you were retarded and confidently wrong. Everyone deserves the amount of bitcoin they get.
This is not how it will work. There will never be enough gold to use to cover the world's trade volume, which is why it's not used to back fiat. If there were as much gold as there is fiat then gold could become the gold standard of money, which it is not.
that doesn't effect that topic at hand whatsoever. and if you are trying to say it does then you're making egregious violations of the concept of money.
i think these misunderstandings are why people reeeee so hard about gold not being the gold standard backing fiat.
I already said that it was a concept (abstract), so idk why you said this. but money is also used as a concrete noun to refer to gold or fiat - so let's not get pedantic here.
There was enough gold to back the currency, then we devalued the currency.
enough gold to back the fiat? then there wasn't enough gold to back the fiat?
this of it this way: if all the currency in the was backed by a single, unique diamond, is everyone going to line up to trade everything for that diamond? no. that could never be the currency because there needs to be more of it out there in order to lubricate people's services and exchange of goods. but how much? there is no reason to believe that there so happened to be just enough gold in the earth to support the expanding economy of the world
[ - ] rzr97 1 point 1 monthMar 31, 2024 11:22:43 ago (+2/-1)
That IS true! It's not unlike ANYTHING you do with a bank though. They see all that INCLUDING and especially when you withdraw cash from atms.
I'm certain they are tracking those serial numbers since the bait money they give bank robbers have the serial numbers recorded. Why bother with that if serial numbers aren't tracked.
Anyhow, if you don't want that, then just use Monero or mixing services.
[ - ] rzr97 1 point 1 monthMar 31, 2024 11:55:34 ago (+1/-0)
Maybe just google bait money? I dunno.
Yeah good luck tracking mixing services and Monero especially if you do many rounds of mixing AND if you never tie your identity to a public address, problem solved from the start.
You want to be right so badly with all your fiction, the problem is you should actually look at what IS right first.
[ - ] rzr97 1 point 1 monthMar 31, 2024 12:16:30 ago (+1/-0)
I do find it funny you think bitcoin and monero, which are designed to get around tracking if you like are inferior to dollars which are designed to be tracked.
[ - ] rzr97 1 point 1 monthMar 31, 2024 12:26:05 ago (+1/-0)
Let's talk about US dollars and not generic fiat.
Each bill has a serial number on it. Your local grocery stores, etc. aren't tracking these. However, regional banks certainly are and perhaps even many local banks. So when your grocery store gets bills from the banks, it's likely that many of those serial numbers are recorded when they make withdrawals. Likely not every one as it's not necessary. Now you come in your grocery store and you get change, guess what that's on camera. With video today, they can literally see at that level. If the authorities are interested in you they can request that video and start tracking you from there. At the bank level, if you make withdrawals they can of course give you bills with known serials so it takes that step out.
Once again, every bill has a serial number AND bait money has the serials recorded. It's pretty much common sense.
So now YOU explain how you can track through a mixing service or just monero itself. It's not enough to just say public blockchain.
Also, as supposedly committed to jew bucks as you are, I'd guarantee you don't have more than 100 dollars of cash on hand. Just like everyone else you're using debit and credit cards out of convenience which are 100 percent tracked at EVERY local level. You can't even mix that.
Like I said, everyone deserves the amount of bitcoin they have.
Also, as supposedly committed to jew bucks as you are, I'd guarantee you don't have more than 100 dollars of cash on hand. Just like everyone else you're using debit and credit cards out of convenience which are 100 percent tracked at EVERY local level. You can't even mix that.
Like I said, everyone deserves the amount of bitcoin they have.
Also, as supposedly committed to jew bucks as you are, I'd guarantee you don't have more than 100 dollars of cash on hand. Just like everyone else you're using debit and credit cards out of convenience which are 100 percent tracked at EVERY local level. You can't even mix that.
Like I said, everyone deserves the amount of bitcoin they have.
I keep a minimum of $10k cash on hand, and I've never carried a balance on my very significant credit limit. I do most of my purchasing in cash, because that's how the people I deal with prefer it.
[ - ] rzr97 1 point 1 monthMar 31, 2024 11:10:30 ago (+2/-1)
It's like you've never done this before. I take dollars out of exchanges each week. They tell me that it could take up to 3 days for a transfer but it always takes less than a day.
As soon as all the services I use take crypto, I'll no longer have to even use dollars.
I'd suggest you stop trying to be right and find out what is right.
I pay all the people that work on my house with crypto--lawn guy, plumber, etc. If they don't take crypto, I won't use them. I no longer have a mortgage so that's not an issue. I pay for much of my food with crypto. I could probably do a better job of finding more or going through third parties to pay other bills but so far I don't. You'd be surprised at how many people will take crypto if you ask. Everyone knows where this is going. The only issue I have is sometimes they don't take the crypto I have so I just use simpleswap.io.
You take dollars out each week? I find that to be highly unlikely.
Why? Seriously you're just nuts here. I stake Mina and every Wednesday and Sunday I get rewarded. I trade that for US dollars and send it to my bank. You seriously don't know what you're talking about.
I use coinbase.
I think you're living in the past. Bitcoin and crypto are literally the most liquid things you can own.
Where do you pay for food with cypto? Name the place so others can use it.
Okay, so you're taking profits on theoretical "commodity" through organizations that report to the IRS. How is this better, or different than stocks? Other than of course, these "coins" represent no intrinsic value, unlike a stock.
I'm glad you're trading tulips for shekels, but you're also paying taxes on that. When I sell an oz of gold that I paid $300 for, there is no reporting mechanism to enforce taxation on profits.
Same goes for straight up barter. What is it that crypto actually does, that matters in any sort of non-hype long term?
How the fuck can you say btc is liquid? Gold and silver are more liquid. Hell, I bet real estate is more liquid than btc. I can go sell $40k of gold, right now, on Easter Sunday, and walk away with cash. Unreported to anyone.
Want to have a race? Let's see who can liquidate a million dollars first. You do btc, and I'll do vacant land.
Keep in mind, I'm an OG Silk Road user. I bought my original coins for ~$3AUD, and I've made a small fortune from btc, and ltc. I'm not ignorant of what this is, or how it works.
Crypto, with the possible exception of monero-type "coins", is worse than fiat cash in every way possible, and as an investment falls behind traditional stocks, and real estate.
You're gambling, and having fun. This is not the foundation for some financial revolution, unless the "revolution" is having every purchase you make be in the public sphere.
[ - ] rzr97 1 point 1 monthMar 31, 2024 11:49:30 ago (+1/-0)
Want to have a race? Let's see who can liquidate a million dollars first. You do btc, and I'll do vacant land.
Bitcoi will win that hands down. It'll take as long as the banking services to make that transaction. If it's just bitcoin, it'll be on average 10 minutes.
You've written a long winded diatribe about nothing.
As far as food goes, just ask your local grocery store. I'm not telling you that because I'm not telling you where I live. If you use big box stores, you'd have to use a third party service likely. I don't think walmart super centers take it last time I checked but your mom and pop grocery stores may if you ask.
There used to be plenty of sites you could check food services at. I'm not sure of the status of that any more.
As far as selling gold not being taxable, that's insane. It's literally capital gains. Now if you sell it under the table, sure. You can sell bitcoin that way too.
What do I care about you though. I care about whites so I try. I shouldn't even bother with retards though. Retards that are willingly retarded get what they deserve.
I say keep telling your people to sell their bitcoin and don't get in it. Tell all your friends and family too. We have to have some whites we laugh at that are working for literal niggers.
You don't name the business, so I'll assume you are lying.
I like how you go straight into the ad hom attacks, that makes your position look as weak as it is.
Go ahead and try to move more than $10k out of an exchange into cash. I know you've never done this, which is also how I know you're essentially poor.
You're desperately hoping that muh crypto is your ticket to the good life, without having to do such tedious things as gains skills, and build businesses.
You're a "get rich quick" kinda guy. That's why you will always be poor.
Maybe you time the market, and get out at the top, but that's highly unlikely given the volatility of muh crypto.
I can tell you 100% that btc will never achieve widespread use, because it is absolutely shite at facilitating financial transactions.
[ - ] rzr97 1 point 1 monthMar 31, 2024 12:02:39 ago (+1/-0)
Sounds like you got me pegged!
I'm not arguing with you by the way. I think you're right for you and yours. Make sure you tell all your friends and family to sell bitcoin and stay away from it.
Have you ever tried Kraken over Coinbase? Lower fees. A solid dude runs it. It supports monero. Even if you don't want to use monero I think it is a plus for showing where the owner stands.
bitcoin has become a dominant digital network that is de-materializing money. period. You cannot tell people what to think. But you can tell them what to think about. So think about this: inflation is going up between 8 and 24 percent a year for the things people need; energy, food, equities, real estate (worth looking at anyway), bitcoin is the last category asset inflating in value at a rate even faster, at 25% per year. It is the scarcest of all assets.
buy it, don't buy it ..don't care. But eventually you will regret not having any. Never in the history of the world had it been possible to transfer value between distant peoples without relying on a trusted intermediary, such as a bank or government. Keep your fiat currency and your misguided ideas about money. billions of unbanked people all over the globe with build this new economy up around you
Yeah, at one point, they'll tell you that if you don't buy it, you'll be removed from society or outright put to death for refusing. Then, after the masses concent, if you say anything they don't like, they'll turn off your access to it.
Consent is usually manufactured. You aren't required to get an ID. Getting a government ID requires consent. Opening a bank account requires a government ID. What would life look like without a government ID or bank account?
What would government look like wihtout an id.. Hmmm. You got me there. Well?It might look like someone that doesn't have to present his papers? "Your papers, please" (or "Papers, please") is an expression or trope associated with police state functionaries demanding identification from citizens during random stops or at checkpoints. It is a cultural metaphor for life in a police state. Are you for real? Or dumb? Or both?
Wire transfers, bank cheques, and promissory notes have existed since the beginning of time, and have been wirelessly transmissible for well over 100 years.
I can't really type slower, so maybe read a little slower and understand exactly what I wrote, "relying on a trusted intermediary, such as a bank or government." Last I checked, Wire transfers, bank cheques, and promissory notes all require a trusted intermediary. Like I said, buy it, don't buy it ..don't care. But eventually you will regret not having any.
Look bushcuck, I get it. You enjoy masturbating to images of Jerome Powell churning out massive amounts of fiat federal reserve notes and rapidly switch your mental imagery to that of a trad-Caucasian woman at the exact moment of climax (because that's not gay). I understand your fear of losing your jewbux and dependency on central banks. I am here to let you know that you don't need to hold onto these systems of slavery. Control your goy impulses and assume independence from fiat currency. (and quit fantasizing about African cock while you jerk off. You're better than that.)
[ + ] FreeinTX
[ - ] FreeinTX 10 points 1 monthMar 31, 2024 11:25:08 ago (+11/-1)*
Playing with an algorithm to affect its value isn't a bonus. It's a minus.
You have this belief that making bitcoin price increase is a good thing. That's not what makes currency "good" to use.
The cost of extracting gold from the earth is the basis for gold's value, not its rarity or availability. As technology makes it cheaper to extract, the price would naturally have a downward pressure while naturally occurring inflation (versus fiat manipulation caused inflation) puts an upward pressure on gold. This is most ideal. Ideally, tech would match inflation and gold prices would be nearly fixed. A good currency isn't supposed to be a wealth creator or profit mechanism. It's supposed to be a stable form of exchange. Bitcoin volatility is a negative, not a positive for the purposes of currency.
Also, anonymous possession of wealth is what keeps a population free. The ability to monitor and track purchases is a population control mechanism. Your bitcoin wallet is a pre- mark of the beast technology that will eventually enslave you.
[ + ] rzr97
[ - ] rzr97 2 points 1 monthMar 31, 2024 11:37:26 ago (+3/-1)
Just use mixing. You literally just check a box to do it OR use Monero. You don't even have to check the box on Monero.
Everyone deserves the amount of bitcoin they get though. Hopefully you'll have more than the niggers you'll live around as you wage slave for fractions of a satoshi.
Hubris is so fucking deadly. I only care about your because you're likely white. Don't be a fucking retard white man. Get some bitcoin. Perhaps though I shouldn't even care what retards end up doing.
[ + ] FreeinTX
[ - ] FreeinTX 2 points 1 monthMar 31, 2024 12:35:18 ago (+2/-0)
So, not bitcoin. OP said bitcoin, not Monero. However, as for Monero. I'm skeptical that it's actually anon. Time will tell. If so, Monero would be superior to bitcoin. And, there is still the issue of keeping Monero in a wallet and the traceability of wallet value transfers.
But as explained before, this thread is about a comparison of bitcoin to gold as a currency. Gold is vastly superior to bitcoin or any other volatile asset as a currency.
And then, there's also that "Hey mane, it ain't a good idea to invest in the chain making device." thing.
You see CBDC coming, right? Straight up one world government, mark of the beast, take it or die shit.
[ + ] BushChuck
[ - ] BushChuck 1 point 1 monthMar 31, 2024 12:38:23 ago (+1/-0)
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 17:19:08 ago (+1/-1)
This guy is a faggot kike.
[ + ] BushChuck
[ - ] BushChuck -1 points 1 monthMar 31, 2024 12:33:01 ago (+0/-1)
[ + ] rzr97
[ - ] rzr97 2 points 1 monthMar 31, 2024 12:35:34 ago (+3/-1)
You've been preaching this bullshit for at least 8 years. Imagine if you'd just gotten some bitcoin 8 years ago.
Let us know WHEN your argument would have made you better off.
[ + ] ScheduledSuicide
[ - ] ScheduledSuicide 0 points 1 monthMar 31, 2024 16:58:17 ago (+1/-1)
[ + ] AlexanderMorose13
[ - ] AlexanderMorose13 4 points 1 monthMar 31, 2024 12:40:45 ago (+6/-2)*
I was super into crypto back in 2016. It was great. I thought it was the greatest invention that man had ever made beside a toaster and sliced bread.
But now, I understand the engine that works against the common man, which is not only the bankers themselves, but the "casino mentality," the idea that one big win will solve every problem that you've ever had in existence. Every time I see a post like the one above, it's obvious to me that someone else has the disease. I used to be adamant about trying to "cure" everyone that I possibly could, but as the saying goes, "there's a sucker born every minute," I began to realize that there was far too many people who are building their financial future on hopes and dreams, rather than reality and real benefit.
With everything mentioned above, there are some important detractions that MUST be noted. The first is that the entire Bitcoin economy is only built on a PORTION of the entire amount of coins available, and only about 45% (probably significantly less) are currently in circulation. There's a HUGE amount of coins owned by the original genesis block owner, the author of the Bitcoin Whitepaper Satoshi Nakamoto. The identity of this person or group is one subject that would take a 10-page essay to go over the history of. But that's not even related to the current subject. If Satoshi Nakamoto or whoever owns or controls the original genesis wallet ever decides to move his coins into circulation, the ENTIRE bitcoin economy collapses in a heap. Bitcoin's most early weakness was its volatility. I've been watching livestreams of the value of bitcoin spiking and dropping by hundreds of dollars in the span of less than an hour. That volatility exists by design, and it's built into the system as a whole. Bitcoin cannot exist without volatility.
Next, there's the fact that the creator of Bitcoin is a complete unknown. That's the biggest problem that anyone owning Bitcoin should be ready and willing to address. When a bank loses my money, I can sue the bank, or the bank owner. There's some remedy and at least some possibility of reconciliation or some kind of safety net. There will NEVER exist one in Bitcoin. It's not possible for someone to take responsibility when an entire wallet or exchange is wiped out overnight. The Sam Bankman fiasco is a perfect example. I guarantee that he'll never face the true punishment that he deserves for the entire extent of harm that he did to so many people. He's still on trial for a crime. There's some people that can take some solace in that. Nothing so concrete in Bitcoin whatsoever.
Lastly, what if "Satoshi Nakamoto" was your WORST ENEMY. What if he was someone who sought the entire time to consume every bit of finance that you had to slate his own greed and lusts? Would you really trust anyone like that with so much as even a single dollar? The possibility exists as an abundant fact, and yet I see so many people leaping wholeheartedly into Bitcoin as though it was the cure for every disease. It's not the cure for any disease, merely another one that seems to lessen the symptoms. Now that I think about it, Bitcoin and the vaxx are pretty good parallels for each other. Each was presented as the best solution for a problem, without the long term ramifications ever being expressed or told to everyone properly.
I'd like to close by mentioning how back in early 2017, when Bitcoin was referred to as "digital gold," it was intentionally spread around as a disinformation campaign. Spreading that information around caused everyone to hold onto their coins, and made the entire network infrastructure vulnerable to obvious attacks. You can't have Bitcoin that is sitting there doing nothing. It's either ripe for cyberattacks or outright robbery, or it's going to decay the entire network by reducing the number of transactions that are being conducted. Walling up your Bitcoin behind a fort is like building a giant castle on top of a sinkhole. You're only going to end up destroying everything you built.
Don't be an idiot. Avoid the obvious urge to "get rich quick" by studying the ENTIRE engine that you seek to invest yourself into. If you're not willing to do that, you're already risking the principal that you have into a scheme that has barely ever worked out for anyone.
TL:DR: WE CANNOT AFFORD TO INVEST WITHOUT ADEQUATE PROTECTION FOR OUR PRINCIPAL
[ + ] rzr97
[ - ] rzr97 -1 points 1 monthMar 31, 2024 17:24:27 ago (+1/-2)
You buy and hold an asset like bitcoin and that's all you do.
[ + ] AlexanderMorose13
[ - ] AlexanderMorose13 1 point 1 monthMar 31, 2024 18:59:17 ago (+1/-0)
Bitcoin is NOT an asset, it's a liability. You don't POSSESS the asset. You don't physically have it. You have the impression that you have it, but it can stolen from you in under a minute's notice. Any asset is something that will GROW in value over time, and Bitcoin is too volatile to be able to count as an asset that will retain value over time.
You are wrapped up completely in the casino mentality. People who attach emotion to things like money and Bitcoin are the most easy people to control and manipulate. Learn to how separate emotion and logic and look at this whole ecosystem again with fresh eyes. You might be able to subvert the financial pitfalls that plagued me when I was younger.
God Bless, and happy Easter.
And as a mutual third party who genuinely wants success for all, please study Bitcoin more and learn about what you do not know. That which you do NOT know is always going to be used against you.
[ + ] rzr97
[ - ] rzr97 -1 points 1 monthMar 31, 2024 19:21:36 ago (+1/-2)
There's zero need to listen to you because you don't understand bitcoin.
People like you have had opinions when it was less than a dollar, at 10 dollars, at 100 dollars, at 1000, at 10,000 at 50,000, and now at 70,000.
You'll continue to be misinformed at 100,000 at 1,000,000, at 10,000,000 at 100,000,000 and that at 1 billion which by the way Fidelity thinks 1 bitcoin will be by 2050. With inflation, they are right!
[ + ] AlexanderMorose13
[ - ] AlexanderMorose13 1 point 1 monthMar 31, 2024 20:24:52 ago (+1/-0)
I'm done trying to help you. The lips of wisdom will always be closed to the ears who cannot hear.
Your choices will only lead you to a path of lifelong regret and disappointment. I heralded a warning for you. That was enough.
Be well.
[ + ] rzr97
[ - ] rzr97 -1 points 1 monthMar 31, 2024 21:40:51 ago (+0/-1)
[ + ] The_Reunto
[ - ] The_Reunto 4 points 1 monthMar 31, 2024 09:50:22 ago (+6/-2)
[ + ] Belfuro
[ - ] Belfuro 3 points 1 monthMar 31, 2024 17:39:33 ago (+3/-0)
((they)) inflate gold and silver just like they do paper currency.
Tons of precious metals only exists on paper.
Artificially keeping the prices of gold low.
Now you know why gold price hasn't kept up with inflation.
Silly goyim for thinking they can secure their wealth...
[ + ] Indoctrinated_USA
[ - ] Indoctrinated_USA 2 points 1 monthMar 31, 2024 16:13:37 ago (+2/-0)*
Fuck the fundamentals of the technology layer.
CBDC is ALREADY being implemented and undergoing scaling tests across critical industries.
USD will crash within the decade, it cannot be avoided.
CBDC cannot tolerate competing digital havens as it is a social compliance tool at it's core.
Bitcoin bought me my homestead.
Today I have zero holdings.
Fuck 2x on current asset value.
I've got my strategy for enduring as much of what is to come as is possible and unlike the 'true believer', mine is based on reading longstanding fundamentals and international sociopolitical realities.
By all means, put your money where it makes the most sense to you but finance is not a matter of faith, it's not a religion, and anyone who treats it that way is an asshole.
[ + ] RoxannaHardbutt
[ - ] RoxannaHardbutt 2 points 1 monthMar 31, 2024 15:10:33 ago (+2/-0)*
Bitcoin is a Pyramid Scheme.
Financial Times: Bitcoin is a Pyramid Scheme.
"Worthless" Bitcoin Has Entered a Death Spiral.
Bitcoin Cryptocurrency is Scam Pyramid Scheme.
Bitcoin is More Like a Ponzi or a Pyramid Scheme.
JP Morgan Calls Cryptocurrency Markets Pyramid Schemes.
Brazil Central Bank Chief says Bitcoin is a Pyramid Scheme.
Warren Buffett Says "Bitcoin is a Worthless, Rat Poison, Delusion".
Bitcoin is there to separate you from your money .. you can tell ppl they don't want to believe you, the pyramiders got virtually every penny in Albania thru the 1990's, while the Government gave the movers and shakers behind the overall scheme every encouragement .. don't think you are too smart to fall for it yr not.
[ + ] CasualObserver
[ - ] CasualObserver 2 points 1 monthMar 31, 2024 12:46:40 ago (+2/-0)
[ + ] Greskibon
[ - ] Greskibon 2 points 1 monthMar 31, 2024 12:42:17 ago (+2/-0)
[ + ] Unreasonable
[ - ] Unreasonable 2 points 1 monthMar 31, 2024 09:54:49 ago (+3/-1)
There is not a limited supply of crypto.
There is an unlimited supply of crypto as evidence by all the meme coins being produced daily.
Look bitcoins value, golds value and silvers value is all due to the tinker bell effect. The more people clap the more valuable they are. As long as people are clapping the value can “fly”. If people ever stop clapping the value will drop.
My guess is there’s a black swan event at sometime that plummets the economy, bitcoin sells off and stays sold off for 6 months to a year. MSTR goes insolvent and can’t service their loans forcing them to dump BTC and killing the company. Btc is permanently disabled and the value then settles around $5k to $10k where it sits for 10-20 years.
But good luck!
Again limited btc, unlimited crypto. Thus unlimited supply for the greater fool.
[ + ] Crackinjokes
[ - ] Crackinjokes [op] 2 points 1 monthMar 31, 2024 10:03:33 ago (+2/-0)
You have to remember that if there's a stock market crash in stocks are going down there are going to be some people who are leverage they're going to have to sell everything they have but that's going to damage real estate that's going to damage everything. and that's an extreme event and those extreme events last about 3 weeks. But what happens in those times also is that everybody looks around for the thing that hasn't crashed and stocks will have crashed but Bitcoin won't. Bitcoin may be liquidated slightly but people of already started to realize that when Bitcoin dips because there's a liquidity crisis and people are cashing out some Bitcoin I bet that's the time to buy more bitcoin. That's one of the reasons you've seen the dips not last as long as they used to.
[ + ] BushChuck
[ - ] BushChuck 0 points 1 monthMar 31, 2024 11:10:07 ago (+1/-1)
Now btc is awesome because the banksters are using(lol, using? I meant buying) it?
btc is going to zero, as soon as it's outlawed by the us government, when the fed rolls out its cbdc.
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 11:27:49 ago (+1/-1)
Your hubris will cause you to get a smaller and smaller amount as you keep misunderstanding.
Hey, I was that way too. I probably could have had literally 100,000 but I thought I understood that they couldn't limit the supply.
Bankers will get the amount they deserve. It could have been far more but their hubris prevented it.
[ + ] BushChuck
[ - ] BushChuck -2 points 1 monthMar 31, 2024 12:35:21 ago (+0/-2)
[ + ] rzr97
[ - ] rzr97 2 points 1 monthMar 31, 2024 12:36:23 ago (+2/-0)
[ + ] BushChuck
[ - ] BushChuck -2 points 1 monthMar 31, 2024 12:36:52 ago (+0/-2)
[ + ] rzr97
[ - ] rzr97 3 points 1 monthMar 31, 2024 12:42:09 ago (+3/-0)
Bitcoin is currently around 70k.
Now how the fuck do you THINK I'm doing versus you. Logic my friend. Logic.
[ + ] rzr97
[ - ] rzr97 1 point 1 monthMar 31, 2024 12:40:36 ago (+1/-0)
I suppose if I could sign a transaction to prove my financial status but you can't so, there is that.
[ + ] BushChuck
[ - ] BushChuck -3 points 1 monthMar 31, 2024 12:45:30 ago (+0/-3)
I don't even trade on North American exchanges, and I extract to banks in other countries, to avoid excessive taxes.
You don't talk strategies, or methodology. You're just a cheerleader.
kek
[ + ] rzr97
[ - ] rzr97 2 points 1 monthMar 31, 2024 12:49:19 ago (+2/-0)
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 12:48:55 ago (+1/-1)
[ + ] rzr97
[ - ] rzr97 1 point 1 monthMar 31, 2024 12:43:33 ago (+1/-0)
In 10 more years, it will likely be worth over 10 million a coin.
WHEN is it not a good time to buy bitcoin. The answer is it's ALWAYS a good time to buy and always has been since it's inception.
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 12:36:54 ago (+0/-0)
[ + ] rzr97
[ - ] rzr97 2 points 1 monthMar 31, 2024 11:13:46 ago (+3/-1)
If you want to see this, just go to coinmarketcap.com. A market cap is simply the number of units multiplied by the price. You can also go to companiesmarketcap.com to get an idea of how this works with ordinary businesses.
What you're saying is like saying businesses have no value because you can always create more businesses. See how stupid that is?
[ + ] BushChuck
[ - ] BushChuck -3 points 1 monthMar 31, 2024 12:49:11 ago (+0/-3)
lol, go for a walk.
[ + ] rzr97
[ - ] rzr97 2 points 1 monthMar 31, 2024 12:49:53 ago (+2/-0)
You're literally retarded.
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 12:50:00 ago (+0/-0)
You're literally retarded.
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 12:50:25 ago (+0/-0)
You're literally retarded.
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 12:51:07 ago (+0/-0)
You're literally retarded.
[ + ] BushChuck
[ - ] BushChuck -3 points 1 monthMar 31, 2024 12:52:05 ago (+0/-3)
Who would've thought?
[ + ] rzr97
[ - ] rzr97 2 points 1 monthMar 31, 2024 12:53:06 ago (+2/-0)
Also you're a pussy. Would you like to meet to discuss it? I'll meet you somewhere.
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 12:53:30 ago (+0/-0)
Also you're a pussy. Would you like to meet to discuss it? I'll meet you somewhere.
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 12:54:09 ago (+0/-0)
[ + ] BushChuck
[ - ] BushChuck -2 points 1 monthMar 31, 2024 12:57:34 ago (+0/-2)
Sit the fuck down.
[ + ] rzr97
[ - ] rzr97 1 point 1 monthMar 31, 2024 12:58:00 ago (+1/-0)
[ + ] rzr97
[ - ] rzr97 1 point 1 monthMar 31, 2024 12:59:12 ago (+1/-0)
Watch who you name call you little bitch.
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 12:58:19 ago (+0/-0)
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 12:59:34 ago (+0/-0)
Watch who you name call you little bitch.
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 13:00:03 ago (+0/-0)
Watch who you name call you little bitch.
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 13:00:11 ago (+0/-0)
Watch who you name call you little bitch.
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 13:00:29 ago (+0/-0)
Watch who you name call you little bitch.
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 13:00:51 ago (+0/-0)
Watch who you name call you little bitch.
[ + ] BushChuck
[ - ] BushChuck -2 points 1 monthMar 31, 2024 13:04:16 ago (+0/-2)
[ + ] rzr97
[ - ] rzr97 1 point 1 monthMar 31, 2024 13:05:43 ago (+1/-0)
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 13:01:23 ago (+0/-0)
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 13:01:35 ago (+0/-0)
[ + ] BushChuck
[ - ] BushChuck 0 points 1 monthMar 31, 2024 13:03:51 ago (+0/-0)
[ + ] rzr97
[ - ] rzr97 -1 points 1 monthMar 31, 2024 13:06:07 ago (+0/-1)
[ + ] rzr97
[ - ] rzr97 -1 points 1 monthMar 31, 2024 13:07:01 ago (+0/-1)
[ + ] rzr97
[ - ] rzr97 -1 points 1 monthMar 31, 2024 13:07:22 ago (+0/-1)
[ + ] rzr97
[ - ] rzr97 -1 points 1 monthMar 31, 2024 13:08:06 ago (+0/-1)
[ + ] rzr97
[ - ] rzr97 -1 points 1 monthMar 31, 2024 13:08:31 ago (+0/-1)
[ + ] rzr97
[ - ] rzr97 -1 points 1 monthMar 31, 2024 13:08:47 ago (+0/-1)
[ + ] rzr97
[ - ] rzr97 -1 points 1 monthMar 31, 2024 13:09:28 ago (+0/-1)
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 13:04:48 ago (+0/-0)
[ + ] BushChuck
[ - ] BushChuck 0 points 1 monthMar 31, 2024 13:54:50 ago (+0/-0)
kek
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 14:12:34 ago (+0/-0)
[ + ] MaryXmas
[ - ] MaryXmas 2 points 1 monthMar 31, 2024 09:54:08 ago (+3/-1)
[ + ] Crackinjokes
[ - ] Crackinjokes [op] 1 point 1 monthMar 31, 2024 10:01:07 ago (+2/-1)
[ + ] FreeinTX
[ - ] FreeinTX 1 point 1 monthMar 31, 2024 11:31:46 ago (+3/-2)
The very definition of a ponzy scheme.
[ + ] rzr97
[ - ] rzr97 1 point 1 monthMar 31, 2024 11:40:50 ago (+2/-1)
People have a retarded definition of a ponzi scheme.
A ponzi scheme is a BUSINESS that pays the old investors with money from the new investors. It isn't an asset like a house, stocks, bonds or bitcoin.
Be retarded if you like but everyone gets the amount of bitcoin they deserve just like everyone gets the amoount of land they deserve. Hubris is such a mind fuck. I was there too, could have had literally 100,000 bitcoin.
[ + ] BushChuck
[ - ] BushChuck 1 point 1 monthMar 31, 2024 11:45:14 ago (+2/-1)
I've lost well over 100btc to; mtgox, btc-e, poisoned tor node, etc, etc
Crypto is straight fucking retarded.
Land, gold, silver, lead.
[ + ] rzr97
[ - ] rzr97 1 point 1 monthMar 31, 2024 11:51:17 ago (+1/-0)
[ + ] rzr97
[ - ] rzr97 1 point 1 monthMar 31, 2024 11:53:43 ago (+1/-0)
Your fantasy land is RICH!
[ + ] BushChuck
[ - ] BushChuck -2 points 1 monthMar 31, 2024 12:42:20 ago (+0/-2)
Pretend to be amusingly shocked, and call me a liar.
You're a broke moron. You know it, I know it.
[ + ] rzr97
[ - ] rzr97 1 point 1 monthMar 31, 2024 12:44:48 ago (+1/-0)
No bullshit, let's just trade ways to prove it. WHAT DO YOU OFFER BROKE ASS?
[ + ] BushChuck
[ - ] BushChuck -2 points 1 monthMar 31, 2024 12:51:20 ago (+0/-2)
Fuck it annoys me when morons try to write how they assume intelligent people write.
Hurrrr, forthwith, indubitably durrrrr.
[ + ] rzr97
[ - ] rzr97 1 point 1 monthMar 31, 2024 12:51:52 ago (+1/-0)
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 12:52:01 ago (+0/-0)
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 12:52:21 ago (+0/-0)
[ + ] FreeinTX
[ - ] FreeinTX 1 point 1 monthMar 31, 2024 12:29:51 ago (+2/-1)
Stocks value increase as a result of the company doing well. A stock could go years bottom bouncing before it explodes, and the price isn't a direct result of demand for the stock, but rather based on the creation of wealth by the company, irrelevant of when you got in.
A ponzie scheme is a scheme where there is no actual intrinsic value, rather a perceived value based on the increase in the participation of the scheme causing demand for the intrinsicly valueless item. If I own a share of stock, I own a piece of a company, and the value has a correlation with the wealth being created by the company. If I own a bitcoin, I have an electronic asset whose value is exclusively based on other people wanting to buy it from me. The value will only go up if more and more people dump money into the system. Again, not the point.
As to the actual point. Gold is a currency. Bitcoin is a investment opportunity. These are not the same thing. A currency needs to be stable so that the exchange of goods and services are priced based on the value of the goods and services, not the value of the currency being used or the potential for wild fluctuations in the currency's value. When I'm buying a car, for example, I want to pay for what I think the car is worth and not have to consider how much my currency's value is going to change over the next week. Same with the guy selling the car. He shouldn't have to consider that bitcoin might crash back down next week when decided the price he wants for his car.
If you think bitcoin's value will go up, by all means, buy the fuck out of it. But stop pretending it's a good currency. It isn't. And it damn sure ain't better than gold as a currency.
Also, you completely ignored my mark of the beast enslavement comments. Yes. People who promote the enslavement of humanity will reap financial reward from the system that will be doing the enslavement. The people on cable news get paid millions to lie to you. Same shit.
[ + ] rzr97
[ - ] rzr97 -1 points 1 monthMar 31, 2024 12:32:25 ago (+0/-1)
A stock is only as valuable as the next person is willing to trade for it.
The only stocks that aren't that pay dividends and you could describe staked coins or mining in those terms as well.
Ponzi is a business that pays it's previous investors with the money from new investors. Assets aren't ponzis by definition.
Sorry.
[ + ] FreeinTX
[ - ] FreeinTX 1 point 1 monthMar 31, 2024 12:44:15 ago (+1/-0)
Assets that are valued exclusively based on the other people adding money to the asset are ponzie scheme and there aren't a bunch of examples because, traditionally, ponzie schemes are illegal. Fiat currencies are the exception. But there are plenty of mlm marketing schemes that were ponzie schemes. Madoff's trading was a ponzie scheme. SBF's company was a crypto ponzie scheme.
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 12:47:59 ago (+0/-0)
Did you know lobster once had no value. They were considered bugs--but good marketing and bam.
I suppose you could say, in certain conditions things have intrinsic value like given the state of society things have value. Oil only has the value at which people use it. That's diminishing. Same with pretty much anything.
[ + ] FreeinTX
[ - ] FreeinTX 1 point 1 monthMar 31, 2024 12:54:12 ago (+1/-0)
A piece of fruit provides biological energy that allows people or animals to work, turning resources into the things this world wants and needs. This is how wealth is created.
Maybe lobster is worthless in a society of devoutly religious, where lobster is verboten, and alternatives for protein are plentiful. But lobster, even outside its classification as a delicacy, has intrinsic value that's based on a caloric content of the lobster, specifically because that protein can be used to produce energy for people and animals to enable them to turn resources into the things that the world wants and needs.
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 12:55:49 ago (+0/-0)
You can keep name calling or you can answer simple questions.
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 12:56:03 ago (+0/-0)
You can keep name calling or you can answer simple questions.
[ + ] rzr97
[ - ] rzr97 -1 points 1 monthMar 31, 2024 12:55:41 ago (+0/-1)
You can keep name calling or you can answer simple questions.
[ + ] BushChuck
[ - ] BushChuck -1 points 1 monthMar 31, 2024 12:56:58 ago (+0/-1)
"huurrrrr, intrinsic value doesn't exist, durrrrrrr!!!!!!!!111oneone!!"
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 12:57:48 ago (+0/-0)
[ + ] MaryXmas
[ - ] MaryXmas 0 points 1 monthMar 31, 2024 19:58:38 ago (+0/-0)
If you look way back at the founding of America, there were actually many competing notes and currencies. I think most crypto will win but there will be lots of scams like back in the day. It is the wild west again.
[ + ] BushChuck
[ - ] BushChuck -1 points 1 monthMar 31, 2024 22:37:12 ago (+0/-1)
Bwahahahahahahahhahahhahahayhhahahahahhahahawhahaha!
[ + ] BushChuck
[ - ] BushChuck -1 points 1 monthMar 31, 2024 11:11:43 ago (+1/-2)
It's worse than tulips in Holland, or beanie babies.
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 11:32:49 ago (+1/-1)
Everyone deserves the amount of bitcoin they get when they keep believing their own bullshit. Hubris is so deadly.
I'm glad I didn't stay like you.
I don't know you but I do care about white people in general so I'd suggest you get off zero for that reason.
I feel bad for you and your family if niggers around you have more bitcoin than you and you are working your ass off for a few satoshis.
You're getting duped and don't realize it. Inflation is robbing you. Hopefully you at least own other traditional assets.
[ + ] BushChuck
[ - ] BushChuck 1 point 1 monthMar 31, 2024 11:46:54 ago (+2/-1)
I'm a grade nine dropout who retired at 40, bro.
You wish you were like me.
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 11:50:27 ago (+1/-1)
[ + ] Sector2
[ - ] Sector2 1 point 1 monthMar 31, 2024 13:29:10 ago (+1/-0)
[ + ] rzr97
[ - ] rzr97 1 point 1 monthMar 31, 2024 13:32:51 ago (+1/-0)
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 13:33:14 ago (+0/-0)
[ + ] Monica
[ - ] Monica 0 points 1 monthMar 31, 2024 15:47:08 ago (+0/-0)
'Tulipmania: The major acceleration started in 1634 and then dramatically collapsed in February 1637.'
That's 3 years. Bitcoin has surpassed that 'tulipmania' by 10 years and counting. Comparing a flower with a digital encrypted asset that can be used as currency is retarded. Tuplips never spawned the businesses that BTC has.
But then there's this: https://www.smithsonianmag.com/history/there-never-was-real-tulip-fever-180964915/
"There Never Was a Real Tulip Fever"
Here’s where the myth comes into play. According to popular legend, the tulip craze took hold of all levels of Dutch society in the 1630s. “The rage among the Dutch to possess them was so great that the ordinary industry of the country was neglected, and the population, even to its lowest dregs, embarked in the tulip trade,” wrote Scottish journalist Charles Mackay in his popular 1841 work Extraordinary Popular Delusions and the Madness of Crowds. According to this narrative, everyone from the wealthiest merchants to the poorest chimney sweeps jumped into the tulip fray, buying bulbs at high prices and selling them for even more. Companies formed just to deal with the tulip trade, which reached a fever pitch in late 1636. But by February 1637, the bottom fell out of the market. More and more people defaulted on their agreement to buy the tulips at the prices they’d promised, and the traders who had already made their payments were left in debt or bankrupted. At least that’s what has always been claimed.
In fact, “There weren’t that many people involved and the economic repercussions were pretty minor,” Goldgar says. “I couldn’t find anybody that went bankrupt. If there had been really a wholesale destruction of the economy as the myth suggests, that would’ve been a much harder thing to face.”
But you'll keep bringing it up even after I've proved it was fake and gay. Because I know I've told you some of this before and you're still arguing like a jew about it. In Mein Kamph Hitler said he'd argue and prove facts to the jew then the next day the jew would act like it never happened and argrue the exact same thing. LOL Times never change. Don't be like the jew. You're better than that I hope.
[ + ] BushChuck
[ - ] BushChuck -1 points 1 monthMar 31, 2024 17:02:23 ago (+0/-1)
Arguing the semantics instead of the clear to understand root point is jewish, bro.
I own crypto, I make money trading crypto, and I have zero faith this technology will lead to anything other than complete financial surveillance.
[ + ] oyveyo
[ - ] oyveyo 1 point 1 monthMar 31, 2024 11:16:19 ago (+3/-2)*
[ + ] rzr97
[ - ] rzr97 1 point 1 monthMar 31, 2024 11:25:20 ago (+2/-1)
You'll always be able to get bitcoin, it's just you'll be getting smaller and smaller amounts--at the satoshi level. Each bitcoin is made up of 100 million satoshis. It's like being able to slice up a single pizza 100 million times. If you use lightning, you can slice it up even more.
So no, you won't run out but your share of the pizza keeps shrinking because you were retarded and confidently wrong. Everyone deserves the amount of bitcoin they get.
[ + ] oyveyo
[ - ] oyveyo 4 points 1 monthMar 31, 2024 11:51:08 ago (+4/-0)
Always? ALWAYS?
You mean it is absolutely certain that the electric grid will never go down? The internet won't be taken offline?
I keep saying this: bitcoin can't be used without a whole mess of infrastructure supporting it. Let me see you go shopping in Amish country.
[ + ] rzr97
[ - ] rzr97 1 point 1 monthMar 31, 2024 11:52:54 ago (+2/-1)
ATMs take forever to come up though.
I do say YOU should tell all your friends and family to sell their bitcoin and stay away from it.
I suppose we need some retarded whites to literally work for niggers hoping for satoshis.
[ + ] osomperne
[ - ] osomperne 0 points 1 monthMar 31, 2024 18:35:52 ago (+1/-1)
[ + ] MaryXmas
[ - ] MaryXmas 1 point 1 monthMar 31, 2024 20:01:36 ago (+1/-0)
[ + ] osomperne
[ - ] osomperne 0 points 4 weeksApr 2, 2024 12:20:12 ago (+0/-0)
i think these misunderstandings are why people reeeee so hard about gold not being the gold standard backing fiat.
[ + ] MaryXmas
[ - ] MaryXmas 0 points 4 weeksApr 2, 2024 12:48:15 ago (+0/-0)
There was enough gold to back the currency, then we devalued the currency.
[ + ] osomperne
[ - ] osomperne 0 points 3 weeksApr 5, 2024 00:05:13 ago (+0/-0)
I already said that it was a concept (abstract), so idk why you said this. but money is also used as a concrete noun to refer to gold or fiat - so let's not get pedantic here.
enough gold to back the fiat? then there wasn't enough gold to back the fiat?
I already explained this in my first comment that you responded to. re read it https://www.voat.xyz/viewpost?postid=660968d373aed&commentid=6609e54823e1f
this of it this way: if all the currency in the was backed by a single, unique diamond, is everyone going to line up to trade everything for that diamond? no. that could never be the currency because there needs to be more of it out there in order to lubricate people's services and exchange of goods. but how much? there is no reason to believe that there so happened to be just enough gold in the earth to support the expanding economy of the world
[ + ] glooper
[ - ] glooper 0 points 1 monthMar 31, 2024 11:02:21 ago (+2/-2)
Seriously, look into what it takes to get money out of an exchange...
[ + ] Kozel
[ - ] Kozel 2 points 1 monthMar 31, 2024 11:16:44 ago (+2/-0)
[ + ] rzr97
[ - ] rzr97 1 point 1 monthMar 31, 2024 11:22:43 ago (+2/-1)
I'm certain they are tracking those serial numbers since the bait money they give bank robbers have the serial numbers recorded. Why bother with that if serial numbers aren't tracked.
Anyhow, if you don't want that, then just use Monero or mixing services.
[ + ] BushChuck
[ - ] BushChuck -1 points 1 monthMar 31, 2024 11:43:04 ago (+0/-1)
What the fuck is "bait money"?
"Tumblers" are worthless. It is child's play for an AI to grep the blockchain and tie wallets to people. Dead fucking easy.
[ + ] rzr97
[ - ] rzr97 1 point 1 monthMar 31, 2024 11:55:34 ago (+1/-0)
Yeah good luck tracking mixing services and Monero especially if you do many rounds of mixing AND if you never tie your identity to a public address, problem solved from the start.
You want to be right so badly with all your fiction, the problem is you should actually look at what IS right first.
[ + ] BushChuck
[ - ] BushChuck -1 points 1 monthMar 31, 2024 12:10:07 ago (+0/-1)
You genuinely think "they" are somehow tracking serial numbers from money you spend on the daily?
kek
[ + ] rzr97
[ - ] rzr97 1 point 1 monthMar 31, 2024 12:11:55 ago (+1/-0)
I'd tell you that banks create us dollars as well but that would blow your fucking mind wide open.
[ + ] rzr97
[ - ] rzr97 1 point 1 monthMar 31, 2024 12:16:30 ago (+1/-0)
I mean it's a new level of retardation.
You didn't even look up bait bills did you. Lol.
You're just so right in your own head.
[ + ] BushChuck
[ - ] BushChuck -1 points 1 monthMar 31, 2024 12:19:10 ago (+0/-1)
lol, the blockchain is public. What do you not understand about that? Public.
[ + ] rzr97
[ - ] rzr97 1 point 1 monthMar 31, 2024 12:26:05 ago (+1/-0)
Each bill has a serial number on it. Your local grocery stores, etc. aren't tracking these. However, regional banks certainly are and perhaps even many local banks. So when your grocery store gets bills from the banks, it's likely that many of those serial numbers are recorded when they make withdrawals. Likely not every one as it's not necessary. Now you come in your grocery store and you get change, guess what that's on camera. With video today, they can literally see at that level. If the authorities are interested in you they can request that video and start tracking you from there. At the bank level, if you make withdrawals they can of course give you bills with known serials so it takes that step out.
Once again, every bill has a serial number AND bait money has the serials recorded. It's pretty much common sense.
So now YOU explain how you can track through a mixing service or just monero itself. It's not enough to just say public blockchain.
[ + ] BushChuck
[ - ] BushChuck 0 points 1 monthMar 31, 2024 12:29:13 ago (+0/-0)
[ + ] BushChuck
[ - ] BushChuck -1 points 1 monthMar 31, 2024 12:27:44 ago (+0/-1)
How the fuck is this tracking me, in any way, shape, or form?
kek. I can track blockchain transactions from the comfort of my own localized AI.
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 12:12:22 ago (+0/-0)
I'd tell you that banks create us dollars as well but that would blow your fucking mind wide open.
[ + ] BushChuck
[ - ] BushChuck -1 points 1 monthMar 31, 2024 12:22:27 ago (+0/-1)
[ + ] rzr97
[ - ] rzr97 1 point 1 monthMar 31, 2024 12:27:02 ago (+1/-0)
[ + ] BushChuck
[ - ] BushChuck -1 points 1 monthMar 31, 2024 12:30:50 ago (+0/-1)
You are a moron, with no original thoughts, propagandizing for his Ponzi scheme.
You're essentially a Star Citizen backer.
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 12:13:56 ago (+0/-0)
Like I said, everyone deserves the amount of bitcoin they have.
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 12:14:02 ago (+0/-0)
Like I said, everyone deserves the amount of bitcoin they have.
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 12:14:40 ago (+0/-0)
Like I said, everyone deserves the amount of bitcoin they have.
[ + ] BushChuck
[ - ] BushChuck 0 points 1 monthMar 31, 2024 12:21:40 ago (+0/-0)
I like your mantra. Do you do astrology, too?
[ + ] rzr97
[ - ] rzr97 1 point 1 monthMar 31, 2024 11:10:30 ago (+2/-1)
As soon as all the services I use take crypto, I'll no longer have to even use dollars.
I'd suggest you stop trying to be right and find out what is right.
[ + ] BushChuck
[ - ] BushChuck 2 points 1 monthMar 31, 2024 11:12:41 ago (+2/-0)
You take dollars out each week? I find that to be highly unlikely.
What exchange do you use?
[ + ] rzr97
[ - ] rzr97 2 points 1 monthMar 31, 2024 11:19:30 ago (+2/-0)
Why? Seriously you're just nuts here. I stake Mina and every Wednesday and Sunday I get rewarded. I trade that for US dollars and send it to my bank. You seriously don't know what you're talking about.
I use coinbase.
I think you're living in the past. Bitcoin and crypto are literally the most liquid things you can own.
[ + ] BushChuck
[ - ] BushChuck 0 points 1 monthMar 31, 2024 11:39:03 ago (+1/-1)
Where do you pay for food with cypto? Name the place so others can use it.
Okay, so you're taking profits on theoretical "commodity" through organizations that report to the IRS. How is this better, or different than stocks? Other than of course, these "coins" represent no intrinsic value, unlike a stock.
I'm glad you're trading tulips for shekels, but you're also paying taxes on that. When I sell an oz of gold that I paid $300 for, there is no reporting mechanism to enforce taxation on profits.
Same goes for straight up barter. What is it that crypto actually does, that matters in any sort of non-hype long term?
How the fuck can you say btc is liquid? Gold and silver are more liquid. Hell, I bet real estate is more liquid than btc. I can go sell $40k of gold, right now, on Easter Sunday, and walk away with cash. Unreported to anyone.
Want to have a race? Let's see who can liquidate a million dollars first. You do btc, and I'll do vacant land.
Keep in mind, I'm an OG Silk Road user. I bought my original coins for ~$3AUD, and I've made a small fortune from btc, and ltc. I'm not ignorant of what this is, or how it works.
Crypto, with the possible exception of monero-type "coins", is worse than fiat cash in every way possible, and as an investment falls behind traditional stocks, and real estate.
You're gambling, and having fun. This is not the foundation for some financial revolution, unless the "revolution" is having every purchase you make be in the public sphere.
Who invented muh crypto?
Satoshi = intelligence
Nakamoto = central gathering place
[ + ] rzr97
[ - ] rzr97 1 point 1 monthMar 31, 2024 11:49:30 ago (+1/-0)
Bitcoi will win that hands down. It'll take as long as the banking services to make that transaction. If it's just bitcoin, it'll be on average 10 minutes.
You've written a long winded diatribe about nothing.
As far as food goes, just ask your local grocery store. I'm not telling you that because I'm not telling you where I live. If you use big box stores, you'd have to use a third party service likely. I don't think walmart super centers take it last time I checked but your mom and pop grocery stores may if you ask.
There used to be plenty of sites you could check food services at. I'm not sure of the status of that any more.
As far as selling gold not being taxable, that's insane. It's literally capital gains. Now if you sell it under the table, sure. You can sell bitcoin that way too.
What do I care about you though. I care about whites so I try. I shouldn't even bother with retards though. Retards that are willingly retarded get what they deserve.
I say keep telling your people to sell their bitcoin and don't get in it. Tell all your friends and family too. We have to have some whites we laugh at that are working for literal niggers.
[ + ] BushChuck
[ - ] BushChuck 0 points 1 monthMar 31, 2024 12:00:30 ago (+1/-1)*
You don't name the business, so I'll assume you are lying.
I like how you go straight into the ad hom attacks, that makes your position look as weak as it is.
Go ahead and try to move more than $10k out of an exchange into cash. I know you've never done this, which is also how I know you're essentially poor.
You're desperately hoping that muh crypto is your ticket to the good life, without having to do such tedious things as gains skills, and build businesses.
You're a "get rich quick" kinda guy. That's why you will always be poor.
Maybe you time the market, and get out at the top, but that's highly unlikely given the volatility of muh crypto.
I can tell you 100% that btc will never achieve widespread use, because it is absolutely shite at facilitating financial transactions.
Tulips, mate.
[ + ] rzr97
[ - ] rzr97 1 point 1 monthMar 31, 2024 12:02:39 ago (+1/-0)
I'm not arguing with you by the way. I think you're right for you and yours. Make sure you tell all your friends and family to sell bitcoin and stay away from it.
Everyone deserves the amount of bitcoin they get.
[ + ] x0x7
[ - ] x0x7 0 points 1 monthMar 31, 2024 11:40:17 ago (+0/-0)
Have you ever tried Kraken over Coinbase? Lower fees. A solid dude runs it. It supports monero. Even if you don't want to use monero I think it is a plus for showing where the owner stands.
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 11:41:26 ago (+0/-0)
[ + ] rzr97
[ - ] rzr97 0 points 1 monthMar 31, 2024 11:42:10 ago (+0/-0)
[ + ] VitaminSieg
[ - ] VitaminSieg -1 points 1 monthMar 31, 2024 10:52:10 ago (+0/-1)
[ + ] clymer
[ - ] clymer -2 points 1 monthMar 31, 2024 12:43:15 ago (+1/-3)*
You cannot tell people what to think. But you can tell them what to think about. So think about this: inflation is going up between 8 and 24 percent a year for the things people need; energy, food, equities, real estate (worth looking at anyway), bitcoin is the last category asset inflating in value at a rate even faster, at 25% per year. It is the scarcest of all assets.
buy it, don't buy it ..don't care. But eventually you will regret not having any. Never in the history of the world had it been possible to transfer value between distant peoples without relying on a trusted intermediary, such as a bank or government. Keep your fiat currency and your misguided ideas about money. billions of unbanked people all over the globe with build this new economy up around you
[ + ] FreeinTX
[ - ] FreeinTX 3 points 1 monthMar 31, 2024 12:48:01 ago (+3/-0)
[ + ] clymer
[ - ] clymer -1 points 1 monthMar 31, 2024 21:26:31 ago (+0/-1)
[ + ] FreeinTX
[ - ] FreeinTX 2 points 1 monthMar 31, 2024 21:50:22 ago (+2/-0)
[ + ] clymer
[ - ] clymer -1 points 1 monthMar 31, 2024 22:20:23 ago (+0/-1)
[ + ] FreeinTX
[ - ] FreeinTX 2 points 1 monthMar 31, 2024 22:25:09 ago (+2/-0)
I wasn't asking about your ideal world where you could actually live without an ID as anything other than a fuckin' bum.
Do you understand that you can't even get an on the books job in the US without an ID?
[ + ] BushChuck
[ - ] BushChuck -2 points 1 monthMar 31, 2024 12:59:55 ago (+0/-2)
You're kinda retarded, eh?
[ + ] clymer
[ - ] clymer -1 points 1 monthMar 31, 2024 20:21:04 ago (+0/-1)
[ + ] BushChuck
[ - ] BushChuck 0 points 1 monthMar 31, 2024 20:35:55 ago (+0/-0)
Dumbass.
[ + ] clymer
[ - ] clymer -1 points 1 monthMar 31, 2024 21:04:47 ago (+0/-1)
[ + ] BushChuck
[ - ] BushChuck 0 points 1 monthMar 31, 2024 22:33:15 ago (+0/-0)*
Did not read. In addition to being a moron, you are a probable faggot.