THE DUALITY OF MAN

[Darkmoon Queen]

>it's worthless
>it needs regulation

Pick one

 

[cobain]

regulation, it is not going away

 

[Dr Iron Arc]

Playing Devil's Advocate here, but they probably mean regulation of cryptocurrency to prevent people from pursuing this "worthless" endeavor and wasting their money. Also they only said Bitcoin is worthless not cryptocurrency as a whole even though that's probably the least worthless crypto out there.

Not that I particularly care about this subject.

 

[Darkmoon Queen]

Playing Devil's Advocate here, but they probably mean regulation of cryptocurrency to prevent people from pursuing this "worthless" endeavor and wasting their money. Also they only said Bitcoin is worthless not cryptocurrency as a whole even though that's probably the least worthless crypto out there.

Not that I particularly care about this subject.

Interesting take either way. I'm glad you posted it.

 

[Fragile]

It's worthless if they can't steal it from you profit from it by applying taxes and bureaucracy to it.

 

[existtosuffer]

Bitcoin is worthless because it's showing you that money is worthless.

 

[Makko]

It's worthless if they can't steal it from you profit from it by applying taxes and bureaucracy to it.

Cryptocurrency is too technical for traditionally trained finance professionals so it's a big headache and an opaque X-factor you don't want in your calculations.

 

[netrezven]

haha JPMorgan :) .haha guess they missed again to buy, governments also regulate coke, how did that affected the price?
Anyone saying that crpto has no value, just say a big lovely welcome to hyperinflation worldwide, combined with banks banrcupsy without baill-ins, only bail-outs. Take the full joy of being unsecured creditor, by letting your money in the bank system.

 

[mousebot]

>it's worthless
>it needs regulation

Pick one

View attachment 75953

As much as i am interested in the progress of technology and how to recognize the bad changes from the good ones, i cant for the life of me understand crypto

 

[Darkmoon Queen]

As much as i am interested in the progress of technology and how to recognize the bad changes from the good ones, i cant for the life of me understand crypto

I feel like crypto is a meme at this point but the money people are always going to balk at the idea of a person operating outside of the system they've created for us.

As far as I understand it, crypto has the potential to be completely anonymous because you can use a hardware wallet (online wallets ask real life ID) and all purchases go through a set of proxies known as the blockchain. There's also the potential to play the crypto equivalent of the stock market and essentially win the lottery. As such, crypto is mainly used by criminals and geeks which is why bankers previously took no notice.

 

[mousebot]

I feel like crypto is a meme at this point but the money people are always going to balk at the idea of a person operating outside of the system they've created for us.

As far as I understand it, crypto has the potential to be completely anonymous because you can use a hardware wallet (online wallets ask real life ID) and all purchases go through a set of proxies known as the blockchain. There's also the potential to play the crypto equivalent of the stock market and essentially win the lottery. As such, crypto is mainly used by criminals and geeks which is why bankers previously took no notice.

Sounds based to me

 

[Darkmoon Queen]

Sounds based to me

In theory, it's muy basado.