Bitcoin, Cryptocurrency, and the Future of Global Finance

[n_huffhines]

medium.com/the-ascent/bitcoin-hitting-100-000-doesnt-matter-many-people-have-missed-the-point-b6360bed7b06

 

[n_huffhines]

^link won't work because of coding conflict using the word "medium" but great article

 

[n_huffhines]

I'm spending my stimmy $1400 on coin now, before everybody gets their $ and buys

 

[Velo Vol]

Mark Cuban's Dallas Mavericks will accept dogecoin for tickets and merchandise

Every team should set up their own coin.

I'm only half joking about that.

 

[n_huffhines]

Every team should set up their own coin.

I'm only half joking about that.

It's gonna happen. There will be loyalty programs in every industry.

 

[n_huffhines]

I'm spending my stimmy $1400 on coin now, before everybody gets their $ and buys

Bought some

AAVE
LINK
UNI
LTC

And I got a NEBRA rig to mine Helium. Not sure if I brought HNT up before, but it's a pretty cool idea.

Build The People’s Network

 

[MurphyVol]

Bitcoin briefly punched through 60k this morning.

 

[n_huffhines]

This is really helpful in understanding the decentralizing aspect of crypto. Everybody thinks of the government when they hear that D word, but he talks about Google, Amazon, Facebook, etc. as centralizers, and explains what they're good at but also why decentralization is often better.

 

[theFallGuy]

Bought some

AAVE
LINK
UNI
LTC

And I got a NEBRA rig to mine Helium. Not sure if I brought HNT up before, but it's a pretty cool idea.

Build The People’s Network

I bought Cardano, Stellar, Link, and Dogecoin

 

[theFallGuy]

Just accepted my first cryptocurrency payment in ethereum for some goods. Exciting stuff

 

[n_huffhines]

Cardano now trades on Coinbase...all that trouble and it's still trading at the same price I bought it

 

[VolStrom]

Does anyone here over the age of 40 invest in this imaginary money? If so tell me how it creates value?

 

[theFallGuy]

Does anyone here over the age of 40 invest in this imaginary money? If so tell me how it creates value?

I'm 42. What gives fiat currency value? The gubment? It's not backed by a commodity anymore

 

[Orangeburst]

I'm 42. What gives fiat currency value? The gubment? It's not backed by a commodity anymore

So one fiat for another?

 

[theFallGuy]

So one fiat for another?

One that isn't centrally controlled is appealing. Unless you just love big corporate banks controlling everything

 

[theFallGuy]

We are moving towards totally digital currency regardless if it's dollars or bitcoin

 

[Orangeburst]

One that isn't centrally controlled is appealing. Unless you just love big corporate banks controlling everything

To think this fiat will take over is delusional. Big tech and gov are on the same page if you have not noticed. Nothing but a cute experiement at this moment.

 

[theFallGuy]

To think this fiat will take over is delusional. Big tech and gov are on the same page if you have not noticed. Nothing but a cute experiement at this moment.

Yeah a cute experiment where bitcoin is worth $50k a piece.

 

[Orangeburst]

Yeah a cute experiment where bitcoin is worth $50k a piece.

Enjoy it while u can. To think this is not going to be subjective to gov control is naive. If anything it will be the control.

 

[theFallGuy]

Enjoy it while u can. To think this is not going to be subjective to gov control is naive. If anything it will be the control.

To think crypto at this point is just a cute experiment is naive as hell. Lol.

 

[n_huffhines]

All these salty bishes

 

[TNVOLNAVY]

How does one convert imaginary money to Yuan? Nobody wants to invest in this dumpster fire of a country.

 

[Orangeburst]

To think crypto at this point is just a cute experiment is naive as hell. Lol.

Laugh all the hell you want.

Foolish to think that one can get away with some black market money scheme to replace gov currency. You guys think it liberty when it is nothing but bondage. Enjoy the current windfall.

Can you live in a home without taxes and regulation, drive a car, work...any effin thing? Of course not.
Years ago one could withdraw as much cash as one wanted from the bank. Now it is regulated to what 10K? Now only small personal tranactions are not pervoy to gov scrutiny. With cryto, everything is or wil be regardless of the chain, which incidentally is controlled by internet access.

So go ahead and enjoy it like I said. It is what they actually want..

 

[Orangeburst]

.

 

[theFallGuy]

Laugh all the hell you want.

Foolish to think that one can get away with some black market money scheme to replace gov currency. You guys think it liberty when it is nothing but bondage. Enjoy the current windfall.

Can you live in a home without taxes and regulation, drive a car, work...any effin thing? Of course not.
Years ago one could withdraw as much cash as one wanted from the bank. Now it is regulated to what 10K? Now only small personal tranactions are not pervoy to gov scrutiny. With cryto, everything is or wil be regardless of the chain, which incidentally is controlled by internet access.

So go ahead and enjoy it like I said. It is what they actually want..

"black market money scheme", "cute experiment" - I mean this proves you don't know what you are talking about. The richest guy on the planet is backing it. Keep living in the dark ages