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This Ends in Antioch
 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 1:50 pm 
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The Doctor Of Style wrote:
This Ends in Antioch wrote:
“We’ll just wait until a bad thing happens to worry about something.”


Hate to tell ya this "Amigo", but that is sort of the essence of how life works.
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JORR
 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 2:06 pm 
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This Ends in Antioch wrote:



Typical Dem-o-rat: Broadcast how kind and good you are while destroying society and fucking everyone you can.

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JORR
 Post subject: Re: Crypto/Stocks
PostPosted: Wed Nov 16, 2022 5:56 am 
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Cryptocurrency is the tulip bubble. Unless it's controlled by the U.S. government.


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Nardi
 Post subject: Re: Crypto/Stocks
PostPosted: Wed Nov 16, 2022 6:54 am 
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Joe Orr Road Rod wrote:
Cryptocurrency is the tulip bubble. Unless it's controlled by the U.S. government.


Why is the Fed running a ponzi scheme?
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Seacrest
 Post subject: Re: Crypto/Stocks
PostPosted: Wed Nov 16, 2022 10:57 am 
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YIKES...


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The victims are the American People and the Republic itself.
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denisdman
 Post subject: Re: Crypto/Stocks
PostPosted: Wed Nov 16, 2022 11:24 am 
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Next up: bye bye BlockFi.
On deck: Genesis Global Capital

Thank you CIA. Long live the greenback!

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Brick
 Post subject: Re: Crypto/Stocks
PostPosted: Wed Nov 16, 2022 11:43 am 
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The Government can't stop crypto!

The Government:
Image

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Nas
 Post subject: Re: Crypto/Stocks
PostPosted: Wed Nov 16, 2022 12:03 pm 
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Brick wrote:
The Government can't stop crypto!

The Government:
Image


:lol: :lol:

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JORR
 Post subject: Re: Crypto/Stocks
PostPosted: Wed Nov 16, 2022 12:28 pm 
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Nas wrote:
Brick wrote:
The Government can't stop crypto!

The Government:
Image


:lol: :lol:


That is pretty funny. :lol: :lol:

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JORR
 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 17, 2022 6:52 am 
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Seriously though, the establishment of CBDCs and obsolesence of paper currency is a siren call for wider adoption of Bitcoin.

It may even wake up someone like Regular Reader when he realizes that the next preseident Donald Trump would suddenly have the ability to shut down his buying power. Better be careful about calling government officials criminals and pieces of shit. Your CBDC wallet might be locked.

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Seacrest
 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 17, 2022 11:30 am 
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Joe Orr Road Rod wrote:
Seriously though, the establishment of CBDCs and obsolesence of paper currency is a siren call for wider adoption of Bitcoin.


It's a siren call for people to wake the fuck up is what it is.

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Joe Orr Road Rod wrote:
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JORR
 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 17, 2022 12:08 pm 
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Seacrest wrote:
Joe Orr Road Rod wrote:
Seriously though, the establishment of CBDCs and obsolesence of paper currency is a siren call for wider adoption of Bitcoin.


It's a siren call for people to wake the fuck up is what it is.



No doubt.



The wall of separation between money and state is called Bitcoin.

Pandora's Box.

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Nas
 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 17, 2022 12:11 pm 
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The government can flip a "switch" right now. Assets are frozen and "stolen" every day by the government.

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JORR
 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 17, 2022 12:16 pm 
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Nas wrote:
The government can flip a "switch" right now. Assets are frozen and "stolen" every day by the government.


It's not quite that easy. Government can't do anything to the $20,000 in cash I have in my safe. And that could be $20 million if someone had that much and wanted to store it that way. And government can't do shit to my Bitcoin wallets.

I wonder if Brick will make the same arguments against CBDC as he does against Bitcoin, i.e. "It's easy to lose forever. You can't really ever secure it and if you secure it too much you risk locking yourself out of it. Even if you could actually spend it, it is much harder than a simple credit card or even writing a check along with less security behind it in the case that I'm getting scammed." I'm guessing he will cheer it on as "progress" and "convenience."

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Brick
 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 17, 2022 12:22 pm 
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Joe Orr Road Rod wrote:
I wonder if Brick will make the same arguments against CBDC as he does against Bitcoin, i.e. "It's easy to lose forever. You can't really ever secure it and if you secure it too much you risk locking yourself out of it. Even if you could actually spend it, it is much harder than a simple credit card or even writing a check along with less security behind it in the case that I'm getting scammed." I'm guessing he will cheer it on as "progress" and "convenience."
I have no interest in a US digital currency. However, it likely would not have the same issues you mentioned above.

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Jaw Breaker
 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 17, 2022 12:29 pm 
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Joe Orr Road Rod wrote:
Nas wrote:
The government can flip a "switch" right now. Assets are frozen and "stolen" every day by the government.


It's not quite that easy. Government can't do anything to the $20,000 in cash I have in my safe. And that could be $20 million if someone had that much and wanted to store it that way. And government can't do shit to my Bitcoin wallets.


I can see the govt introducing a digital dollar and giving people a certain deadline to convert/turn in their paper currency, after which it becomes worthless.

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Last edited by Jaw Breaker on Thu Nov 17, 2022 12:52 pm, edited 1 time in total.

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Nas
 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 17, 2022 12:35 pm 
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We kinda have digital currency today. MANY rarely spend paper currency. I also doubt paper currency will be outlawed in our lifetime.

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Regular Reader
 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 17, 2022 12:39 pm 
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Joe Orr Road Rod wrote:
Seriously though, the establishment of CBDCs and obsolesence of paper currency is a siren call for wider adoption of Bitcoin.

It may even wake up someone like Regular Reader when he realizes that the next preseident Donald Trump would suddenly have the ability to shut down his buying power. Better be careful about calling government officials criminals and pieces of shit. Your CBDC wallet might be locked.

:lol: :lol: Just how much space do I take up in your goofy right wing conspiracy theory dominated head? At least leave these references with your loony synchophants in the echo chamber that is the right wing politics forum.

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JORR
 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 17, 2022 12:40 pm 
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Nas wrote:
We kinda have digital currency today. MANY rarely spend paper currency. I also doubt paper currency will be outlawed in our lifetime.



It's slowly being "outlawed" already by PRIVATE BUSINESS refusing to accept it.

Anyway, you make a great case for Bitcoin.

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IkeSouth
 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 17, 2022 12:58 pm 
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Uh.. no business refuses to accept cash. That would be illegal

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Nas
 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 17, 2022 1:03 pm 
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IkeSouth wrote:
Uh.. no business refuses to accept cash. That would be illegal


I've seen "card only" a lot.

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JORR
 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 17, 2022 1:08 pm 
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IkeSouth wrote:
Uh.. no business refuses to accept cash. That would be illegal



False. PRIVATE BUSINESS can do whatever it wants. Ask Brick.

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This Ends in Antioch
 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 17, 2022 1:15 pm 
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Bitcoin can process like 5 transactions per second. It’ll never be a viable currency.

Something like bitcoin may be viable some day but it doesn’t exist yet.

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The Doctor Of Style wrote:
This Ends in Antioch wrote:
“We’ll just wait until a bad thing happens to worry about something.”


Hate to tell ya this "Amigo", but that is sort of the essence of how life works.
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Peter Puck
 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 17, 2022 1:24 pm 
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Let me know when the Jewels allows me to pay for Bugels with bitcoin.
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Nardi
 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 17, 2022 1:36 pm 
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I'm letting you know. There's a myriad of debit cards that you can fill with bitcoin and it converts it to fiat.
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Bagels
 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 17, 2022 1:39 pm 
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what kind of loser eats bugles ?
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Peter Puck
 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 17, 2022 1:39 pm 
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Nardi wrote:
I'm letting you know. There's a myriad of debit cards that you can fill with bitcoin and it converts it to fiat.


"Converts it to fiat" is key here.

As far as I know, I cannot put bitcoin in the machine when I scan my bag of Bugels.


Last edited by Peter Puck on Thu Nov 17, 2022 1:41 pm, edited 1 time in total.

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Nardi
 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 17, 2022 1:41 pm 
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I've spent a couple thousand worth of bitcoin doing that. It was free when the shit was going up, it is painful when its going down.
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Peter Puck
 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 17, 2022 1:41 pm 
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Bagels wrote:
what kind of loser eats bugles ?


Dip can be scooped up into the opening of the individual Bugel. Perfect dip vessel.
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Nardi
 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 17, 2022 1:48 pm 
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Peter Puck wrote:
Nardi wrote:
I'm letting you know. There's a myriad of debit cards that you can fill with bitcoin and it converts it to fiat.


"Concerts it to fiat" is key here.

As far as I know, I cannot put bitcoin in the machine when I scan my bag of Bugels.

Well, you can. It will take 0.00011976 bitcoin off your card
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