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Bitcoins costs too much carbon says the greens
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2021-03-10 at 12:54 AM UTC
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2021-03-10 at 1 AM UTC
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2021-03-10 at 3:54 AM UTCCryptocurrency isn't an investment, it's a gamble
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2021-03-10 at 4:18 AM UTC
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2021-03-10 at 4:54 AM UTC
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2021-03-10 at 4:55 AM UTC
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2021-03-10 at 5:44 AM UTCedited for privacy
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2021-03-10 at 5:12 PM UTC
Originally posted by aldra any investment is a gamble, it's just the level of risk that changes
A risk isn't the same thing as a gamble, though every gamble is an uncontrolled risk. All investments bear risks. You should never be "gambling" while making an investment. You should be taking a controlled risk. -
2021-03-10 at 5:54 PM UTC
Originally posted by Nile They have useful properties, they aren't merely digital scrip. It's those properties that are valuable. after that its just brand awareness and usability in markets that arent purely speculative.
I think it will take a national government committing to some form of premined crypto that still retains its most important public and decentralised format.
For example I can imagine that in the future under a radical populist neo-techno-libertarian president running on the Republican platform, the US government invests in a new kind of crypto (let's call it UCD) and starts making it fiat in a progressive fashion, starting with utilities companies for example.
So in this case, the utility company will be able to exchange any UCD payments for USD for maybe 4% over a 1:1 exchange rate so they can offer any businesses that pay in UCD a 3% discount, and encourage them to accept UCD payments from customers. This nets the utilities companies a 1% profit extra (just for example, you could play with these numbers depending on the scale).
Then next they could entirely cut all indirect government programs and direct all those USD towards funding a UBI based on UCD and mandating by fist that rent be payable through UCD, so all these properties receive a discount on their utility bills. Then make it fiat, all businesses must accept payments in UCD. This would have a purely stimulative effect on the economy while strictly linking inflation to growth through increased spending, i.e. the right amount of inflation, operating in a bottom-up fashion. And it would integrate a documentable but still free-as-in-speech digital currency I tithe economy. -
2021-03-10 at 5:56 PM UTC
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2021-03-10 at 6:39 PM UTC
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2021-03-10 at 6:42 PM UTCmonero wankers = people who get pepperjack from the deli and call themselves cheese lovers
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2021-03-10 at 6:44 PM UTC
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2021-03-10 at 6:46 PM UTC
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2021-03-11 at 2:26 AM UTCRemember when §m£ÂgØL lost money hodling XRP?
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2021-03-11 at 5:10 AM UTC
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2021-03-11 at 5:21 AM UTC
Originally posted by Antifa Member Didn't happen. I made over triple lmao
The timing on your thread makes this a possibility but I feel like if you had cashed out and made a fuckton you probably would have said something (considering the peak was like 2 weeks after you made the thread, IIRC).
If you did get out at the peak though, naice. I can't into trading. I, a sad nocoiner, watch in dismay as people make fortunes in crypto. I, a sad idiot, sob as a bunch of fedora tipping reddit neckbeards make millions off the backs of hedgefunds. It is entertainment, but I weep. -
2021-03-11 at 5:27 AM UTC
Originally posted by Meikai The timing on your thread makes this a possibility but I feel like if you had cashed out and made a fuckton you probably would have said something (considering the peak was like 2 weeks after you made the thread, IIRC).
If you did get out at the peak though, naice. I can't into trading. I, a sad nocoiner, watch in dismay as people make fortunes in crypto. I, a sad idiot, sob as a bunch of fedora tipping reddit neckbeards make millions off the backs of hedgefunds. It is entertainment, but I weep.
Doubt it because I cashed out on vacation abroad and wasn't posting for weeks by that point. -
2021-03-11 at 9:12 AM UTC
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2021-03-11 at 10:19 AM UTC
