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Goldmoney is fucking retarded and if you use it, you are a fucking retard.

  1. #1
    This 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.
  2. #2
    Ghost Black Hole
    Igolder is better

    https://www.igolder.com
  3. #3
    Lanny Bird of Courage
    I 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?
  4. #4
    aldra JIDF Controlled Opposition
    paper gold is completely unreliable - there's vastly more 'paper gold' in circulation than actual gold has been mined
  5. #5
    Originally posted by aldra paper gold is completely unreliable - there's vastly more 'paper gold' in circulation than actual gold has been mined

    name me one financing instrument that isnt like this.
  6. #6
    aldra JIDF Controlled Opposition
    Originally posted by vindicktive vinny name me one financing instrument that isnt like this.

    yeah but the salient point is a lot of people seem to be turning to this ponzi scheme to escape all the other ponzi schemes
  7. #7
    Everyone seems to be starting alternatives to US dollars.
  8. #8
    I 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
  9. #9
    Originally posted by aldra yeah but the salient point is a lot of people seem to be turning to this ponzi scheme to escape all the other ponzi schemes

    ja, what else can they do when even the federal reserve from whence all the money comes is itself a ponzi scheme.
  10. #10
    aldra JIDF Controlled Opposition
    Originally posted by Jυicebox I 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

    lol, pretty sure it's illegal to trade in the Venezuelan Petro in the US
    The following users say it would be alright if the author of this post didn't die in a fire!
  11. #11
    Originally posted by Jυicebox I 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

    Fiat currency is a poor investment, rubles especially so.

  12. #12
    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
  13. #13
    Originally posted by aldra lol, pretty sure it's illegal to trade in the Venezuelan Petro in the US

    Looks like you're right. Trump signed the executive order himself

    I'm so far behind, I didn't even know any other country was considering crypto to evade sanctions, let alone actually already had one
  14. #14
    aldra JIDF Controlled Opposition
    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.
  15. #15
    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
  16. #16
    With the growing adoption of cryptocurrency, we will see the rise of the new crypto jedi.
    The following users say it would be alright if the author of this post didn't die in a fire!
  17. #17
    infinityshock Black Hole
    Originally posted by aldra yeah but the salient point is a lot of people seem to be turning to this ponzi scheme to escape all the other ponzi schemes

    that's why they invented fiat currency and the fed reserve.
  18. #18
    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.
  19. #19
    Originally posted by infinityshock that's why they invented fiat currency and the fed reserve.

    fed reserve is a ponzi scheme.
  20. #20
    Quantum computing will literally not happen for at least another 200 years, and that's being optimistic. Nations have risen and fallen in that time.
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