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The $ is hosed. Should have let those fucking zombie banks and corporations fail in 08.
Eventually the dollar goes to zero - because our politicians are worthless scum.
richwicks saysEventually the dollar goes to zero - because our politicians are worthless scum.
Yeah, if bitcorn is a ponzi scheme the $ is a worse ponzi scheme.
They are the same. Do you know who created the Fed and controls it?
but they'll trade for silver at that point.
richwicks saysdo you understand it?
If I dug in yeah. But I work in git repos all day long so.
Yeah, if bitcorn is a ponzi scheme the $ is a worse ponzi scheme.
The $ is backed by the good faith and credit of the US government.
Onvacation saysThe $ is backed by the good faith and credit of the US government.
That's a problem. You could say that is THE problem.
The $ is backed by the good faith and credit of the US government.
just_adhom_preaching saysOnvacation saysThe $ is backed by the good faith and credit of the US government.
That's a problem. You could say that is THE problem.
Yep.
The system has a couple more centuries at best. But bitcoin will not be the currency of choice after the dollars demise.
richwicks saysIntrinsic value is defined as the cost to recover or create the item.
That's not how I would define intrinsic value. I don't care what it costs to create or recover the item. I care how useful it is.
Anyone else in the Crypto game?
G36 saysAnyone else in the Crypto game?
No, but it was dropping quite a bit about a month ago. Just never reached my low-low buy price.
It's simply not an investment in the traditional sense.
While the election shitshow is dominating the news Bitcoin is close to 15k per coin
just cracked 15k.....
G36 saysjust cracked 15k.....
Shall I take it as a "no" on the technical analysis in the crypto world?
Shall I take it as a "no" on the technical analysis in the crypto world?
BTC is stand-alone and the crypto standard
crypto-currency does not stand alone
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Raoul Pal, former Goldman Sachs hedge fund manager, recommending bitcoin and gold
www.youtube.com/embed/FKLabPm1D-g
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