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Goldmoney is fucking retarded and if you use it, you are a fucking retard.
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2018-10-25 at 5:08 AM UTCThis piece of shit service is becoming popular with my friends and it is literally the most retarded shit I have ever seen in my life, imagine a debit card, now imagine that that debit card is tied to some safe in Singapore, it solves no problem whatsoever. It is like bitcoin for faggot republicans.
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2018-10-25 at 5:49 AM UTC
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2018-10-25 at 6:37 AM UTCI don't really know what it is but presumably it allows you buy and "hold" gold and exchange it at market rate for national currency, yeah? I mean that makes it a kinda shady inefficient investment tool, so it's not good for literally nothing right?
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2018-10-25 at 6:42 AM UTCpaper gold is completely unreliable - there's vastly more 'paper gold' in circulation than actual gold has been mined
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2018-10-25 at 9:04 AM UTC
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2018-10-25 at 9:20 AM UTC
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2018-10-25 at 9:46 AM UTCEveryone seems to be starting alternatives to US dollars.
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2018-10-25 at 11:02 AM UTCI wish Putin would start up the crypto ruble
I have a feeling that anyone in the US that buys it will get gitmo'd for "treason" though -
2018-10-25 at 11:05 AM UTC
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2018-10-25 at 11:26 AM UTC
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2018-10-25 at 11:31 AM UTC
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2018-10-25 at 11:43 AM UTC
Originally posted by MORALLY SUPERIOR BEING 2.0 - The GMO Reckoning Fiat currency is a poor investment, rubles especially so.
Crypto ruble. One of the proposed methods of evading sanctions. It's a cryptocurrency.
If Russia spearheaded it, other countries affected by retarded US/EU sanctions would trade in it as well -
2018-10-25 at 11:46 AM UTC
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2018-10-25 at 11:48 AM UTC
Originally posted by Jυicebox Crypto ruble. One of the proposed methods of evading sanctions. It's a cryptocurrency.
If Russia spearheaded it, other countries affected by retarded US/EU sanctions would trade in it as well
They're already joining Russia's MIR, their alternative to the SWIFT transaction logging system.
I feel that a country like Russia, which still holds more than a few strong socialist policies, would not give away central control of their currency so easily though. More generally, crytocurrency underpinning entire economies seems like quite a risk considering the progress made in quantum computing this last decade or so. -
2018-10-25 at 11:50 AM UTC
Originally posted by aldra They're already joining Russia's MIR, their alternative to the SWIFT transaction logging system.
I feel that a country like Russia, which still holds more than a few strong socialist policies, would not give away central control of their currency so easily though. More generally, crytocurrency underpinning entire economies seems like quite a risk considering the progress made in quantum computing this last decade or so.
If they keep sanctioning every country that even tangentially does business with Russia, before long they may not have a choice
But I don't think i know enough about the situation to know how realistic that is -
2018-10-25 at 11:58 AM UTCWith the growing adoption of cryptocurrency, we will see the rise of the new crypto jedi.
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2018-10-25 at 12:01 PM UTC
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2018-10-25 at 12:02 PM UTC
Originally posted by aldra They're already joining Russia's MIR, their alternative to the SWIFT transaction logging system.
I feel that a country like Russia, which still holds more than a few strong socialist policies, would not give away central control of their currency so easily though. More generally, crytocurrency underpinning entire economies seems like quite a risk considering the progress made in quantum computing this last decade or so.
There's actually been quite little actual progress in quantum computing - we've gotten regular announcements since the 90s or so, but it's kind of like fusion, always only 10 years away.
And if your cryptocurrency gets kiked you can always fork your blockchain to fix the problem, that has happened quite a few times already, like when Etherium hard forked when the DAO project was hacked. -
2018-10-25 at 5:13 PM UTC
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2018-10-25 at 5:39 PM UTCQuantum computing will literally not happen for at least another 200 years, and that's being optimistic. Nations have risen and fallen in that time.