The anti-crypto thread

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Feb 4, 2009
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Bitcoin has been around for ~14 some odd years now. No one would ask this in good faith at this point.

If you are too dumb to understand it, probably best to stay away.

If you feel threatened by it, tough shit.
Okay so you don’t know either. Got it.
I’ll stick with Cryptocurrency is useless for the typical US Citizen or non crypto investment firm based company.
 

JEDI

Lifer
Sep 25, 2001
30,160
3,302
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Okay so you don’t know either. Got it.
I’ll stick with Cryptocurrency is useless for the typical US Citizen or non crypto investment firm based company.
Waiting till Elon implements x-coin (or is it coin-X?) and gives you the ability to buy his Tesla's and rides to the moon/mars with it (with a discount)
 
Feb 4, 2009
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Bot post earlier got me to look up the “Cyprus Forex License” thing.
Per my extremely brief reading to get it you need to:
Pay 2,000 to 51,000 Euros
Wait 2 weeks to 8 months (I assume the upfront cost determines the wait)
I’m not sure of this part, I think you have to take a few hours of classes.

Yup sounds totally legit and worth my trust to find a Cyprus Forex License holding Broker to handle my crypto transactions. No real State licensure, no internship or standard school time required other than possibly paying the company that made the standard for class time. Seemingly no financial disclosures or insurance requirement needed to become certified.
What could possibly go wrong?
 

biostud

Lifer
Feb 27, 2003
18,387
4,936
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As long as enough users/miners/speculants/criminals believe it to be worth something it is.

When they are not disrupting the GPU market or wasting a lot of energy, I really don't mind anymore.
 
Reactions: Fanatical Meat
Feb 4, 2009
34,696
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Bad faith question, bad faith response. Not surprised. Have you even read this thread? Or literally anything?
I have asked in this thread and the other I still don’t know. Maybe you’ll be the guy.
What is the benefit to me in using crypto for a transaction? What does it do that cash/credit or other established payment means doesn’t do?
 
Last edited:
Feb 4, 2009
34,696
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Bad faith question, bad faith response. Not surprised. Have you even read this thread? Or literally anything?
Still waiting.
As a consumer what reason do I have to use a cryptocurrency? What is in it for me?

If it cannot be answered please point out where in this thread I can find that info. I fail to see it answered. You seemed to cite that it is clearly within this thread.
 
Last edited:

dullard

Elite Member
May 21, 2001
25,184
3,608
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BFG10K

Lifer
Aug 14, 2000
22,709
2,979
126
Cryptoboyz (tm), the gift that keeps on giving. Bettering humanity every step of the way, yo!


And speaking of a money transfer system: https://www.techspot.com/news/99487-fednow-us-federal-reserve-instant-payment-platform-now.html

Choose to entrust your transactions to:
  1. US Federal Reserve backed by the government and insurance companies.
  2. Pajama boi's Ethereum ponzi scheme.
  3. MonkeyDonkeyLickAnal NFTs.
Hmmm, decisions, decisions...
 
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Nov 17, 2019
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BFG10K

Lifer
Aug 14, 2000
22,709
2,979
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I'm struggling to shed tears for a bunch of Justin Biebers who thought ape jpegs were worth $millions.

They're basically suing because nobody else out there is dumb enough to buy that stuff, so they're stuck with it.

Next up: lets sue the local casino, yo!
 
Reactions: Zorba

sdifox

No Lifer
Sep 30, 2005
96,076
15,744
126

I'm struggling to shed tears for a bunch of Justin Biebers who thought ape jpegs were worth $millions.

They're basically suing because nobody else out there is dumb enough to buy that stuff, so they're stuck with it.

Next up: lets sue the local casino, yo!
The ironing is the buyer is FTX.
 
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