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09-09-2020, 07:25 AM | #43 | |
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The Following User Says Thank You to Milhouse86 For This Useful Post: | p1l0t (09-09-2020) |
09-09-2020, 08:41 AM | #44 | |
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Bitcoin is more like gold in that it keeps it's value against USD inflation like gold. The theory is still being played out, and proven imo, in real time. Sent from my Pixel 4 XL using Tapatalk
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09-09-2020, 08:52 AM | #45 | |
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09-09-2020, 09:02 AM | #46 |
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On little blip in the system and all the crypto currancy in the world could disappear forever. This is likely the most unstable way to save/make/invest money in the history of exchange. Conch shells and shiny pebbles were more stable.
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09-09-2020, 05:39 PM | #47 | |
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Producing a cryptocurrency unit is essentially discovering it (the solution exists, we just don't know it is there), and 'extracting' it from randomness by marking it. As more of it is discovered and extracted, it takes more and more energy to discover and extract more, just like any valuable material (gold, oil, etc). The difference is that cryptocurrency, like other currency in general, doesn't have any use other than claiming it represents some value, whereas gold has plenty of practical uses. |
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09-09-2020, 07:28 PM | #48 | |
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09-10-2020, 08:47 AM | #49 | |
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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 . Just be polite Sent from my Pixel 4 XL using Tapatalk
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09-10-2020, 08:51 AM | #50 | |
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Yes there are a lot of other cryptocurrencies but they are not Bitcoin. Each cryptocurrency, relatively speaking, has different use cases / purposes. They're actually solving some pretty cool real-world issues with blockchain technology. The problem is too many people create what is called shit coins that either have no utility and/or no value trying to make a quick buck. While today my favorite thing about blockchain technology is it's ability to democratize money like the internet democratized knowledge. There's nothing on Harvard's shelves you can't get on your cell phone right now. That's a pretty drastic difference from the rest of human history. But I really think it's still just scratching the surface and we're still trying to figure out what it's capable of or where it is going. Sent from my Pixel 4 XL using Tapatalk
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09-10-2020, 09:24 AM | #51 | ||
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09-10-2020, 09:39 AM | #52 | |
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-2013 FRS/Black (Motor Blown/Under Construction)
http://www.ft86club.com/forums/showthread.php?t=135599 -1979 Trans AM/Black (Sold) -1969 Olds 442/Orange with white racing stripes - 2017 Audi A4/Black |
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The Following User Says Thank You to Milhouse86 For This Useful Post: | p1l0t (09-10-2020) |
09-10-2020, 03:39 PM | #53 |
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Pretty sure $700 mil could buy some quantum computer time...
https://nairametrics.com/2020/09/10/...iting-for-you/ Sent from my SM-G975U using Tapatalk |
09-10-2020, 04:00 PM | #54 |
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09-17-2020, 11:23 AM | #55 | |
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The Following User Says Thank You to Dzmitry For This Useful Post: | Milhouse86 (09-17-2020) |
09-17-2020, 12:07 PM | #56 | |
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One of the newest celebrities to turn bullish on Bitcoin is Jim Cramer of mad money. I don't care whether you agree with him or not, he has a big following and his voice matters. I'll post the video later when I'm home. The most important thing they talk about in my opinion is that Bitcoin is unique. The other cryptos are NOT Bitcoin. Now I like some of the Alt coins for various reasons. Personally if I invest in them they have to have real potential utility and/or value. But again, they are not Bitcoin. Sent from my Pixel 4 XL using Tapatalk
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