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135
Crypto Bros in the house?!? 🗣️ DISCUSSION 💬
posted 32 days ago by FreeinFL2020 32 days ago by FreeinFL2020 +137 / -2

To all the crypto guys that lurk among us. For those of us who are crypto-finance retards, what should we be investing in? WTF is the difference between Bitcoin and all the other shit?!? Help us out! I want to get in on this scam

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– winter12362 2 points 32 days ago +3 / -1

Bitcoin is a derivative of the dollar, which is a derivative of gold. When the dollar collapses in hyperinflation, any value Bitcoin has will collapse back into gold which it derived its value from in the first place. So I would suggest not buying derivatives of gold, imagining they are money. Instead I would be buying the commodity Bitcoin derived its value from in the first place. But that’s just me.

Also, when you buy Bitcoin, that money ultimately is being used to buy US Treasuries, so it’s financing the US debt. They love it if you buy Bitcoin, and manipulate gold and silver prices to ridiculously low levels to stop you from wanting to buy that.

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– AmateurExpert 2 points 32 days ago +3 / -1

This is absolutely not correct.

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– deleted 0 points 32 days ago +2 / -2
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– AmateurExpert 2 points 32 days ago +2 / -0

That’s both assuming things, and missing what was said.

  • Bitcoin is a derivative of the dollar - not correct

I’m not even gonna go past that, even without making an argument. Four other wrong points + your assumptive one from two handshake accounts.

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– deleted 1 point 32 days ago +1 / -0
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– erefernow 1 point 31 days ago +1 / -0

No

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