Quote:
Originally Posted by p1l0t
It's crashing again... it is not a hedge against the market. And the difference between bitcoin and gold is, gold is a limited supply. Bitcoin was the only supply at one time but now there are hundreds of cryptos and climbing. So will blockchain be used into the future, sure. But every company might have their own someday even if some use 3rd party ones. Anyway so it's not special. It's not a hedge against anything. It's just a big waste of electricity for the most part. Also spamming on some forums won't help you get your 'investment' back.
Sent from my SM-G975U using Tapatalk
|
Lol your cute. I don't have an agenda but you can keep being rude. I clearly stated I just wanted to have a conversation. I am up well over double at today's prices. So I'm good, but it's cute you think you have enough money to even move the peg for bitcoin. It is trading $55 billion a day right now....
Other cryptos are not bitcoin. I invest in those as well, but they are not Bitcoin. There is a difference. Bitcoin has a set supply and it will never change. Other cryptos serve other purposes, they are not Bitcoin. If someone wants to actually discuss those that would be fun.
I think it is fascinating from a technology evolution standpoint. People seem to forget that modern monetary theory is an experiment that now has full control over our financial system. It's funny that most see Bitcoin as risky, I have almost all of my liquid capital in crypto because I see the the traditional system as risky. The Fed is just changing the rules willy nilly. It's a joke
It's just perspective, there's no reason we can't have polite discourse. See the beautiful thing about America is that we don't have to agree. I am ex military, I put my ass on the line for your right to disagree with me [emoji6]. Just be polite
Sent from my Pixel 4 XL using Tapatalk