And yet I do understand completely, so I speak. Maybe it’s you who are speaking about what you don’t understand.
You seem to want to criticize where it suits you, but you don't want to go deeper.
Attacking the messenger and not the message. I’ve clearly touched a nerve. You could look at that.
I agree it’s not an investment. That’s where it went wrong. The same (and worse) elements that corrupt the traditional money supply corrupted btc.
And yes, it was fun before that. It was a drop in the financial ocean, literally a few million dollars against the massive trillions in circulation. Definitely not nearly enough to put any pressure on any government controlled monetary supply. Maybe if Dubai started trading with China and using btc as a currency, now that would be pressure. But some Joe buying some weed off a tor site isn’t exactly going to have the central banks shaking in their boots.
Alas, the corrupt cancers that infect the traditional money supply hit btc, ftx, dogecoin, oprahcoin, etc. Exchanges creating value where it doesn’t exist, pumping up the value, while government entities track and disable transactions easier than you can say “Trudeau hates truckers.” One could make an argument that the cesspool that crypto has become is the wet dream of the very thing its users profess to fight against.
You seem like a smart guy, but unfortunately one that lost a little value and is hodling to try and make up for it. Maybe I’m wrong about you. Maybe I’m wrong about all this. Who knows, who cares. At the end of the day we’re both going to do what we want anyway. Maybe someday I’ll buy you drinks if you’re wrong, or you’ll buy me some if I’m wrong.
No nerve touched; I was just sharing. And the basis of my spiel had nothing to do with you. But you lack understanding here and I have to say as much for others reading.
And yet you completely fail to point out anything that I’m saying is wrong. All you’re doing is saying “you don’t understand.” I make a pretty compelling argument that crypto is a corrupt monetary system backed completely by fiat, with an inflated value fueled by greed and manipulated by billionaires. I didn’t even get into the specifics of the scam iFinex and exchanges pulled on everyone. It was a neat idea until those fuckers saw a way to print money faster than the federal reserve. It still might have some value someday if we can go back to private wallets without exchanges that can shut your account down for sending money to a protesting truck driver in Canada. I’m sorry if you lost money and you’re trying to argue for crypto’s currency legitimacy in hopes that others will hold on for dear life and the market will miraculously upturn. Therein lies the problem - you and everyone argues that “it’s a currency that’ll bring down The Man, man,” and financial institutions are shorting, inflating, manipulating, and just plain scamming. The value just isn’t there, at least not $16k/coin. Maybe $4 (as in $4.00, not thousands). It stings, but my friend, and any other HODLers bored into reading this, get the fuck out of the market and buy something with actual value before another exchange announces “oops we don’t actually have any money.”
And yet I do understand completely, so I speak. Maybe it’s you who are speaking about what you don’t understand.
Attacking the messenger and not the message. I’ve clearly touched a nerve. You could look at that.
I agree it’s not an investment. That’s where it went wrong. The same (and worse) elements that corrupt the traditional money supply corrupted btc.
And yes, it was fun before that. It was a drop in the financial ocean, literally a few million dollars against the massive trillions in circulation. Definitely not nearly enough to put any pressure on any government controlled monetary supply. Maybe if Dubai started trading with China and using btc as a currency, now that would be pressure. But some Joe buying some weed off a tor site isn’t exactly going to have the central banks shaking in their boots.
Alas, the corrupt cancers that infect the traditional money supply hit btc, ftx, dogecoin, oprahcoin, etc. Exchanges creating value where it doesn’t exist, pumping up the value, while government entities track and disable transactions easier than you can say “Trudeau hates truckers.” One could make an argument that the cesspool that crypto has become is the wet dream of the very thing its users profess to fight against.
You seem like a smart guy, but unfortunately one that lost a little value and is hodling to try and make up for it. Maybe I’m wrong about you. Maybe I’m wrong about all this. Who knows, who cares. At the end of the day we’re both going to do what we want anyway. Maybe someday I’ll buy you drinks if you’re wrong, or you’ll buy me some if I’m wrong.
No nerve touched; I was just sharing. And the basis of my spiel had nothing to do with you. But you lack understanding here and I have to say as much for others reading.
Nope, I understand fully.
Not to anyone reading. 😂
And yet you completely fail to point out anything that I’m saying is wrong. All you’re doing is saying “you don’t understand.” I make a pretty compelling argument that crypto is a corrupt monetary system backed completely by fiat, with an inflated value fueled by greed and manipulated by billionaires. I didn’t even get into the specifics of the scam iFinex and exchanges pulled on everyone. It was a neat idea until those fuckers saw a way to print money faster than the federal reserve. It still might have some value someday if we can go back to private wallets without exchanges that can shut your account down for sending money to a protesting truck driver in Canada. I’m sorry if you lost money and you’re trying to argue for crypto’s currency legitimacy in hopes that others will hold on for dear life and the market will miraculously upturn. Therein lies the problem - you and everyone argues that “it’s a currency that’ll bring down The Man, man,” and financial institutions are shorting, inflating, manipulating, and just plain scamming. The value just isn’t there, at least not $16k/coin. Maybe $4 (as in $4.00, not thousands). It stings, but my friend, and any other HODLers bored into reading this, get the fuck out of the market and buy something with actual value before another exchange announces “oops we don’t actually have any money.”
Or yeah, maybe I don’t understand.